The Chinese military in 2015 continued to pour significant funding into defense modernization, but also sought to reform and restructure itself internally, while simultaneously looking to extend its influence in the Asia Pacific region, specifically the East and South China Seas, according to an annual report released by the Defense Department. Using 2015 prices and exchange rates, DOD estimates that China's total military-related spending for the year exceeded $180 billion. The Pentagon estimated that China spent $165 billion in 2014...
