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well, frankly speaking, RMB is undervalued very much. Besides, most of PLA's weapons are home-made and paid with RMB.
So, China's 77 billion USD (open defence budget) might b as valuable as 200 billion of USA.
As for india, most heavy weapons of India arm forces are imported and paid with hard cashes such as USD. it means that India has to pay more for same weapons than USA,let alone CHina.
so, I do think that in fact,one dollar of India defence budget has less purchase power than USA. and one dollar of USA defence budget has less purchase power than that of CHina.
For example:
J10, F16 and india's MRCA programm are all m-size 4G bird,with similar performance.
one J10 costs PLA only about 200 M RMB(30M USD).
one new model F16 cost 60 million USD at least.
one MRCA might cost more.
So, China's 77 billion USD (open defence budget) might b as valuable as 200 billion of USA.
As for india, most heavy weapons of India arm forces are imported and paid with hard cashes such as USD. it means that India has to pay more for same weapons than USA,let alone CHina.
so, I do think that in fact,one dollar of India defence budget has less purchase power than USA. and one dollar of USA defence budget has less purchase power than that of CHina.
For example:
J10, F16 and india's MRCA programm are all m-size 4G bird,with similar performance.
one J10 costs PLA only about 200 M RMB(30M USD).
one new model F16 cost 60 million USD at least.
one MRCA might cost more.
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