President Xi Jinping wants to transform China’s military into the world’s most powerful force by 2050. And he could be on track to do it. On the opening day of its National People’s Congress in Beijing on Monday, China announced a defense budget of 1.11 trillion yuan (US$175 billion) for 2018. That represents an 8.1% … Continue reading China Wants the Most Powerful Military on the Planet by 2050. And They Might Pull It Off.