#Latest news with #industrialMightWall Street Journal3 days agoBusinessWall Street JournalAmerica Let Its Military-Industrial Might Wither. China's Is Booming.Adapting to the dual challenge of China's military and its economy has been a focus of U.S. administrations for years. America is losing ground. Modern warfare is a contest of industrial might, as Russia's invasion of Ukraine has shown. Both sides are burning through arsenals of artillery shells, rockets and military vehicles. Automated factories now spit out drones day and night. Even an old-fashioned howitzer requires precision manufacturing.
Wall Street Journal3 days agoBusinessWall Street JournalAmerica Let Its Military-Industrial Might Wither. China's Is Booming.Adapting to the dual challenge of China's military and its economy has been a focus of U.S. administrations for years. America is losing ground. Modern warfare is a contest of industrial might, as Russia's invasion of Ukraine has shown. Both sides are burning through arsenals of artillery shells, rockets and military vehicles. Automated factories now spit out drones day and night. Even an old-fashioned howitzer requires precision manufacturing.
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