The days of Chinese double-digit growth are gone. Yet, the analytical separation of economic matters from strategic and military planning is both surprising and illogical. Beijing's capacity to continue building its military power is diminishing much faster than is commonly appreciated.
![Border patrol officers pull barbed wires as irregular immigrants coming from Central and South America who have gathered in the town of Ciudad Juarez on the Mexican border continue to wait at the US border on March 20, 2024, in Ciudad Juarez, Mexico. (Photo by Christian Torres/Anadolu via Getty Images)](/sites/default/files/styles/16_9_sm/public/2025-01/GettyImages-2092456479.jpg?h=b0d169d7&itok=24WdaEF5)
Caption
Border patrol officers pull barbed wires as immigrants wait at the United States border on March 20, 2024, in Ciudad Juarez, Mexico. (Christian Torres/Anadolu via Getty Images)