China’s military modernization has significantly altered the strategic balance in the Indo-Pacific, driven by a defense budget that, according to the Stockholm International Peace Research Institute (SIPRI) Military Expenditure Database published in April 2025, reached $296 billion in 2024, reflecting a 6.1% annual increase since 2010. This sustained growth, outpacing global averages, has enabled the … Leggi tutto Geopolitical and Economic Dimensions of China’s Military Modernization: A Quantitative Analysis of Strategic Capacities and Global Implications