According to Chinese parliament spokesman Li Zhaoxing China plans to increase it’s defensive budget to 480.686 billion yuan ($70 billion). That will be 6.3% of China’s total fiscal expenditure in 2009.
The raise for the Chinese military shall be used for better treatment of servicemen, on the purchase of equipment, construction of facilities and enhancement of [...]
The head of the Carnegie Endowment’s presence in Beijing Tianjian Shi concludes in his publication about the new phase of the Sino-U.S. relations the following theses:
China policy should be crafted with an understanding of what motivates the Chinese Communist Party’s actions andreactions.
China expects the United States to lead during the financial crisis and sees its [...]