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To: Jeff Head; SLB
The FoxNews ticker just had that the Chinese government has confirmed that they are increasing their military budget by 17.8% this next year. Since they spent at least $65-billion last year, this is an increase of over $11.5-billion.

That is a lot of new ships, tanks, and planes that will be sporting the red star of China.

102 posted on 03/03/2007 9:49:17 PM PST by Stonewall Jackson (Sir, I protest! I am not a merry man! - Lt. Worf)
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To: Stonewall Jackson
...and that's what they admit to. My guess is that it is somewhat higher.

In addition, without all of the same legal concerns, environmental concerns, benefits, OSHA, creature comfort, etc. concerns, their dollars go a lot further than our own in every field...research, development, manufacture, testing, etc.

103 posted on 03/03/2007 9:53:08 PM PST by Jeff Head (Freedom is not free...never has been, never will be (www.dragonsfuryseries.com))
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