Cash vs. Crude: China Spends $267B on Defense; Russia Banks on an 80BBarrel Oil Reserve to Stay in the Game
Briefly

China and Russia rank as the second and third largest military powers globally, each with formidable arsenals—Russia with the vastest nuclear stockpile and army, and China with the largest standing army and most rapidly expanding navy. The 2025 Military Strength Ranking from Global Firepower illustrates these nations' military capabilities through a comprehensive assessment of over 60 metrics, which include land, air, and naval power. This ongoing competition impacts global markets, prompting advice for strategic portfolio adjustments amidst potential volatility.
China stands as the world's largest military power with a rapidly expanding naval force, while Russia leads in nuclear capabilities and artillery strength.
In terms of overall military capabilities, the rankings illustrate the stark contrasts in military strategy and resources between Russia and China.
Read at 24/7 Wall St.
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