Needless to say, other than the fact that military spending is always high, nobody wants any bloodshed. China Moves UpChina’s economic growth has been miraculous. For three whole decades up until 2015, China’s annual GDP growth rate was 10 percent. Although in 2016, growth slowed down to 6.7 percent, that still beats U.S. GDP growth rate of 1.6. As you can see from the graph below, no wonder why China is speculated to catch up with the U.S by 2026.

Source: Forbes December 26, 2017 04:30 UTC