“China calls the new strategy “far sea defense,” and the speed with which it is building long-range capabilities has surprised foreign military officials...”
FReepers aren’t surprised but foreign military officials are. Why is that?
So how’s that “free trade” thing working out?
US trade deficit with the Peoples Republic of China, per MONTH:
20 billion.
That’s enough to pay for four Reagan-class Aircraft Carriers.
Every month.
Thanks to Jeff Head for much of that. Jeff, I hope you’re doing well out there.
Possibly because “foreign military officials” base their projections on the military procurement situation they are used to...