What Happened
Beijing Cautions Against Profit-Driven Military Expansion
A new study from Shanghai Jiao Tong University’s National Institute of Strategic Studies has warned China of the dangers of defence contractors exerting too much influence over defence policy, citing the US military-industrial complex as a cautionary example. The researchers argue that the ‘iron triangle’ of defence contractors, the military, and politicians in the US has led to a self-perpetuating cycle of military expansion and profit-seeking, which may compromise national security and public interest. The study was published on Monday, according to reports from an unknown source.