And here's the reason you put your finger on it, most analysts would say that China spends something like 3 or $400 billion in defense. So 30 to 40% of what we spend, but They're spending 80% of what they spend. Looking over the horizon on the next generation things. because they started with a very old military. We're spending 80 or 90% looking backwards on the past, as opposed. So they're actually spending more on the future than we are in dollar terms. (08:06–08:14)
CLAIM
Asserts that China allocates 80% of its defense budget to future technologies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.