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China Overtakes U.S. Industrial Output, Powering A Huge Military Buildup

Report Says China Moving To Superpower Role As It Spends Almost 4 Percent Of GDP On Arms Chinese Industrial Output To Be 50 Percent Greater Than U.S. Production In Five Years, But U.S. Still Gives China Financial Aid China has become a manufacturing leviathan, overtaking the United States -- the largest economy on the planet -- in manufacturing output, and the formidable factory power of the Asian giant is powering a huge Chinese arms buildup, a new report shows. Authored…

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