Abstract
China has been investing considerable financial as well as intellectual resources for strengthening, improving, and maintaining its defense establishment. The Chinese military establishment continues to constantly keep itself abreast of advances in both technology and tactics. However, China’s race for arms and the urgency with which it wants to acquire competence in weapons technology are matters of serious concern for its big and small neighbors, not only those with many of whom it has territorial and maritime disputes but also countries of the Asia-Pacific region like Australia and the USA. It remains to be seen how far China, despite its race for arms and competence, is able to convince its neighbors and the world that its rise would indeed continue to be peaceful. In this backdrop, this article tracks the evolution of Chinese military policy in the recent years in terms of strategies, structures, finances, and development, and identifies the weaknesses of the military establishment. It attempts to understand China’s race for arms in the light of the significance of realist thought in understanding world politics.
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