The days of Chinese double-digit growth are gone. Yet, the analytical separation of economic matters from strategic and military planning is both surprising and illogical. Beijing's capacity to continue building its military power is diminishing much faster than is commonly appreciated.
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Turkey's President Tayyip Erdogan, Japan's Prime Minister Sanae Takaichi, and Indonesia's Vice President Gibran Rakabuming Raka during the G20 Leaders' Summit in Johannesburg, South Africa, on November 22, 2025. (Getty Images)