Reuters quotes Tai Ming Cheung

11/05/2009
Paul Eckert, Reuters

WASHINGTON (Reuters) - The eye-popping economic growth that has made China an attractive business partner has also funded an even faster expansion in its military spending that has raised eyebrows among U.S. policymakers.

China's military spending, even after two decades of double-digit growth, is only about one-sixth of U.S. outlays and American officials say they accept the huge country's legitimate need to update antiquated defenses.

Read the full article at Reuters.

Related Links