Page 33 - 63 NDC Inter.Stu.63
P. 33
Chapter 4
Analysis and Recommendations
Annual Growth Rate of China’s Announced Defense Budget
12.5 Implications to ASEAN
10.0
7.5 Evolving Geo-Strategic Matrix in South China Sea:
5.0
Growth Rate (%)
2.5
0.0
2010 2012 2014 2016 2018 2020
23
Source: www.csis.org
Economy became the vital catalyst economic strategy. It can be safely
in China’s current rise as a world power. concluded that the summit to being a
China’s military rise is thus based on hegemonic power is routed through an
its impressive economy. Its nascent economic strategy protected by a strong
challenge to international leadership military, where economic strength
therefore rests on its international remains dominant.
