Sunday, October 7, 2018

Chinese ‘aggressive industry’ threatens US military complex, ‘stable budget’ needed – Pentagon

"A new Pentagon report calls China the main threat to the US military-industrial complex, sounding alarm at declines in some “critical defense functions” due to actions by Beijing, to workforce shortages and to “unstable” funding.
“While multiple countries pursue policies to bolster their economies at the expense of America’s manufacturing sector, none has targeted our industrial base as successfully as China,” the report, titled ‘Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States,’ says.
READ MORE: America's next top villain: Is China lined up to replace Russia as the US' default enemy?
The document looks at other problems, such as the decline of certain sectors, namely shipbuilding, as well as the lack of skilled workforce and the unstable flow of contracts for strategic manufacturers, whose highly niche factories sit for years without work. But most of that can be fixed by a “stable and predictable” funding flow to the Department of Defense – which has already secured a record $719 billion budget for the next year..."

at https://www.rt.com/news/440511-pentagon-chinese-aggressive-industry/

No comments:

Post a Comment