China's Secret Defense Spending: Beijing Paying Up To $65 Billion For Off-The-Book Military Acquisitions

China is secretly spending up to $65 billion on defense acquisitions, making up around 30 percent of the world’s unofficial military spending, according to a November 2015 defense and security report by Transparency International, a Berlin-based nongovernmental organization. The report, which gathers military information and ranks national defenses by least to most corruptible, claims that China’s military risk to be corrupted is “very high” to “critical,” and suggests that it could lead to greater instability and distrust in the region.  Read more