The budget shows that Beijing views the region with optimism, as defense expenditure is the best indicator of a country’s security assessment. China’s lower budget reflects her belief that in spite of the spread of terrorism, exodus of refugees, tension on the Korean Peninsula and in the South China Sea, the world is not in a state of disorder.
Zhou Bo, Honorary Fellow, PLA Academy of Military Science via CHINA US Focus http://ift.tt/1MPAqsU
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