China said Wednesday it plans to increase defense outlays by more than 12 percent this year to nearly $132 billion in the face of what a top military official described as increasingly severe security challenges for Beijing.
The proposed 12.2 percent increase in defense outlays exceeds last year's 10.7 percent boost. It comes amid continuing maritime tensions with China's neighbors, including Japan and the Philippines, mostly over disputed islands in the East China and South China seas. The increase comes as Chinese officials said the country targeted economic growth at a steady 7.5 percent.
As we reported last month, a senior U.S. military official said he believed that Beijing was preparing for the possibility of a "short, sharp" war with Japan over the Senkaku/Diaoyu Islands, a tiny island chain in the East China Sea. Beijing's announcement follows Tokyo's own plans for increased defense spending and China's unilateral declaration of an Air Identification Zone in the region.
The New York Times writes:
"The rapid growth in defense spending is another sign of the country's goal of becoming a dominant military presence in the Pacific, with a navy able to project power across the region."
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"Foreign military analysts say China's actual annual military spending is higher than the official figure. IHS Jane's, a defense industry consulting and analysis company, estimated that China would spend $148 billion this year, but such estimates can vary widely. The unofficial estimate is still much less than the military budget of the United States, which is officially $526.8 billion for fiscal year 2014."
"Dennis J. Blasko, a former military attach at the American Embassy in Beijing and a retired Army officer, said the 2014 Chinese military budget 'won't break the bank, but it says to the troops, "Thank you for your service, you are important to us, we support you."
"'A significant portion likely will be used for more pay raises,' he added. 'You may recall hearing some talk about how P.L.A. officers should be paid more than civil servants.'"
"The buildup of the People's Liberation Army [PLA], which also includes navy and air force branches, is considered by many analysts to be consistent with the size of China's economy — the second largest in the world — and its global political influence. Nevertheless, the military expansion is being closely watched by other nations in the region and by the United States, the supreme military power in the Pacific."