China’s Military Aviation Investment Nears USD230 billion, says Janes
Revisions to forecast spending on military aviation project a 12.5% increase on Chinese military aviation programmesLONDON –– In the latest market forecast for the military aviation market, Janes has revised the forecast for China upwards by 12.5%, with total programme spending expected to hit USD228.7 billion between 2020 and 2029. Previously, the trusted global agency for open-source defence intelligence had forecast a spend of USD203.2 billion. “China is expected to continue ramping up production to expand its fleet and reinforce its regional military