The United States remained the world's biggest military spender last year, devoting about $529 billion to arms, while China overtook Japan as Asia's top arms spender. China's growing military expenditures reached nearly $50 billion, making it the fourth biggest arms spender in the world and Japan was fifth with $43.7 billion.
Sometimes I wonder with so much wealth accumulated and so much more money spent on national security, how come China isnt doing enough to improve national healthcare and education in this country. I always thought that the welfare of the people must come first. With good education and good healthcare, China will be well positioned for the future.