China, like the U.S., is beginning to feel defense spending pressures—both in growth of mission scope, and in technology and personnel costs.
China's top leaders warned of continued downward pressure on the world's second-largest economy and vowed to make economic growth a top priority, state press reported. ||| China's top leaders warned of continued downward pressure on... Read Post
As pressure builds from all quarters to cut the defense budget, many look to the rising cost of all facets of personnel costs for active duty and retirees. Here's a snippet from a 10 May story in Defense News that outlines the probl... Read Post