The US is spending only 3-3.5% of its GDP on defense. It was spending over 6% of GDP in the 80s. The US could easily raise its defense spending if it chose to.
1, China's shipbuilding capacity is 30 times that of the USA(per year 12 million tons:0.4 million tons)
2, The cost of shipbuilding in China is less than half that in the USA
055's cost is $0.9 billion.
Burke's cost $1.85 billion.
3, The USA lacks manufacturing, their government spending will cause prices to rise. But China will not, our production capacity is seriously surplus, and the government's spending on warships will only stimulate economic development.
4, Chinese warships are 100% domestic, from electromagnetic ejection devices to soldiers' underwear, all made in China. Chinese warships do not need to spend foreign exchange, and all the costs will enter our economic internal circulation. Or maybe we need to import some iron ore from Russia?
5, The most important difference is that China's social stability far exceeds that of the USA. Can American people tolerate a further three fold increase in military spending? Can the greedy Military industrial complex accept that the USA does not enter China's arms race trap?
The biggest problem in the United States is the lack of manufacturing and social instability.
The biggest problem in the USA is the lack of manufacturing and social instability. We will challenge in these two areas.
In Chinese, danger=危机. It has two words. 危 means danger and 机 means opportunity. The Chinese believe that danger and opportunity coexist.
So we think the Taiwan issue is not necessarily a danger for China, nor is it necessarily an opportunity for the United States.
In another 20 years, we will know the answer.
The USA can prepare for the arms race. We will compete who has better manufacturing and social stability.
Don't die in the same way as the former Soviet Union, because it would be a great irony.
I forgot that the USA can print money, or another 4 trillion? LOL