http://www.sinodefence.com/news/2006/news06-03-04.asp
They don't spend much on it thats for sure. The navy and airforce is right out of the 80's. $35B reported vs $401B for US.
Yawn I'm not impressed. Our new fighters coming on line like the F22 and F35 are so far ahead of these guys. Our new line of subs is the best in the world period. They have yet to launch an aircraft carrier either, what do we have 6?
Maybe I'm to hard to impress...