China Can’t Win an Arms Race With the US
Thursday, 23 September, 2021 - 05:00
Minxin Pei
After the collapse of the Soviet Union three decades ago, Chinese leaders reportedly commissioned in-depth studies of its causes. One of the U.S.S.R.’s biggest mistakes, according to Chinese researchers, was to engage in a costly arms race with the US that ultimately bankrupted the Soviet economy.
Today, as the US concentrates its military capabilities on East Asia, China confronts a similar strategic dilemma. Attempting to match America’s military might would require China to increase defense spending radically — the same trap that ensnared the Soviets. Failing to counter a US military buildup, however, could leave China even more insecure and vulnerable.
The US decision to arm Australia with nuclear-powered attack submarines has starkly highlighted China’s predicament. With this dramatic strategic move, the US is effectively challenging China to a new and likely astronomically expensive arms race. Each Virginia-class US submarine carries a price tag of $3.45 billion.
https://english.aawsat.com/home/article/3204696/minxin-pei/china-can%E2%80%99t-win-arms-race-us