The Chinese People's Liberation Army is rocketing ahead in its immense military procurement spending spree despite a cooling economy, but officials in the United States are using the economic slowdown as one excuse to slash defense modernization programs. That was the message from a panel forum of the Center for National Policy (CNP), a Washington think tank, probing how the economic plunge might affect Chinese military buildup plans. In all likelihood, the deep recession won't have much of an effect,…
U.S. Leaders Using World Economic Collapse To Justify Deep Defense Weapons Cuts, But China Slowdown Doesn’t Affect PLA Buying Spree
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