Re:Apple warns suppliers to follow China rules on 'Taiwan' l...
by dragonwriter on Friday August 05, 2022 @01:12PM
(#32358974)
> China has the 2nd largest military budget but only spends 1.7% GDP on it
Not really sure that comparisons of either GDP or state spending on a purpose as a share of it (even if GDP were comparable) are as meaningful as people pretend across regimes with vastly different degrees of state/industry integration both generally (because of effect on GDP measures) or in the field of interest (because of effects on spending measures.)
Unfortunately, there's not good alternative measures, either.
Not really sure that comparisons of either GDP or state spending on a purpose as a share of it (even if GDP were comparable) are as meaningful as people pretend across regimes with vastly different degrees of state/industry integration both generally (because of effect on GDP measures) or in the field of interest (because of effects on spending measures.)
Unfortunately, there's not good alternative measures, either.