Our beloved mainstream media reported today on China’s plans to increase its defense spending by a whopping 15%.
Quote, “China is to increase official military spending by almost 15 per cent this year as it seeks to upgrade its smart technology and improve the living standards of its soldiers.”
The story suggests the U.S. believes China’s military expenditures to be, in reality, significantly higher - thanks to hidden (but major) arms purchases from our Russian friends - kept off the radar and below the balance sheet.
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