Vital elements of the Chinese military buildup, including cyberwarfare, space capabilities and foreign procurements, were not included in the announced budget, the analysts said.
It also plans to review how it vets Pentagon-sponsored deals in the often murky world of foreign arms procurement.
The military is also planning to revamp how it vets Pentagon-sponsored deals in the often murky world of foreign arms procurement.
An analysis this year by Jeffrey Schott and Gary Clyde Hufbauer of the Peterson Institute for International Economics in Washington estimated that "Buy American" provisions could "save" 9,000 American jobs — a tiny number compared with the 650,000 jobs supported by foreign government procurement of American exports.
Procurement by United States persons in foreign countries (offshore procurement).
But military budgets can most easily be slashed by cutting down on foreign operations and procurement, which could result in a declining Russian footprint in places like Syria.
Participating nations aim to sign a comprehensive pact that covers not just trade in goods and services but also foreign investment, government procurement, intellectual property rights and environmental and labor protections.
The E.U. made an offer in 2005 that it says would have opened an additional €340 billion, or $475 billion, of procurement to foreign bidders.
CARS After promising late last year not to discriminate against foreign products in government procurement, China unexpectedly released this month a draft list of automobiles that government officials may buy.
When China joined the World Trade Organization in 2001, it promised to sign as soon as possible the organization's agreement banning discrimination against foreign companies in government procurement.
