Reports on China’s $700 Billion Defense Budget Miss One Key Point: Antonio Graceffo

New reports estimate that China’s defense budget is now at $700 billion. This is more than double its previously reported amounts, and is close to what the United States spends on its military. Here to speak with us about what all this might mean is Antonio Graceffo. He’s an Epoch Times contributor and author of “Beyond the Belt and Road: China’s Global Economic Expansion.”