StockDuty ← Dashboard Oct 21, 2026 01:29 AM ET
SignalGeopolitics

China close to matching US spending on ‘new way of war’, Republican senator warns

Republican senator warns China nears matching US spending on new warfare.

What happened: Republican senator Dave McCormick said the US is lulling itself into a "sense of false security" over its military rivalry with China, speaking at the Hudson Institute after a trip to Japan and South Korea. Key numbers: McCormick claimed up to 90 per cent of US defence spending funds decades-old equipment and technologies. Why it matters: He called for more spending on modern warfare systems and closer cooperation with allies, warning that China is close to matching US spending on a "new way of war.
Republican senator Dave McCormick said the US is lulling itself into a "sense of false security" over its military rivalry with China, speaking at the Hudson Institute after a trip to Japan and South Korea.
He called for more spending on modern warfare systems and closer cooperation with allies, warning that China is close to matching US spending on a "new way of war.
Sources