- Citing the Pentagon’s latest report on China’s military developments, Jonathan Ward from advisory firm Atlas Organization said China’s ground troops, as well as its navy, air and missile forces, were among some of the largest in the world.
- Ward also pointed out that Chinese President Xi Jinping has made clear his country’s goal of building a strong army that can fight and win wars. He was speaking at the inaugural Jefferies Asia Forum.
- “China is converting its economic growth into military power, and I think here is the true dilemma for those that seek to invest in China. It’s understanding precisely what you are investing in, what is going on here,” he said.
As China grows in its