ANSPI Indo-Pacific Analysis Group

ANSPI Indo-Pacific Analysis Group

Internal Friction and External Disconnect: Analyzing the Deceleration of China’s Military Modernization Amidst the Anti-Corruption Purge

Executive Summary A recent report by the Stockholm International Peace Research Institute (SIPRI) reveals a critical strategic anomaly: despite Beijing’s consistently growing defense budget and intense push for military modernization, the revenues of China’s major military industrial corporations plummeted by…