China's true military spending in 2022 was likely worth $711 billion, or 'nearly equal' to the US military budget that year: US think tank

• A new report says China's $229 billion military budget in 2022 was actually equivalent to $711 billion.
• A similar figure was touted by lawmakers last year when they cited US intelligence estimates.
• The report, by think tank AEI, breaks down that figure to show where China's money is likely going to.

In June 2023, Sen. Dan Sullivan of Alaska warned Congress that China's military was catching up to America's faster than previously imagined.