The Disaffected Lib: Arms Race Update – China Races to Catch Up

China’s “official” defence spending has rocketed over 11% this year, topping $100-billion for the first time.   Compared to US defence spending of $740 that may not sound like much but China, like the US, is widely believed to disclose only part of its true expenditures. China is very quickly going very high-tech after generations of ...