Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

China likely to have 1,500 nuclear warheads by 2035: Pentagon

Published 11/29/2022, 11:57 AM
Updated 11/29/2022, 12:01 PM
© Reuters. FILE PHOTO: A nuclear-powered Type 094A Jin-class ballistic missile submarine of the Chinese People's Liberation Army (PLA) Navy is seen during a military display in the South China Sea April 12, 2018. Picture taken April 12, 2018.    REUTERS/Stringer

By Idrees Ali and Phil Stewart

WASHINGTON (Reuters) - China will likely have a stockpile of 1,500 nuclear warheads by 2035 if it continues with its current nuclear buildup pace, according to a report released by the Pentagon on Tuesday.

The figure underscores mounting U.S. concerns about China's intentions for its expanding nuclear arsenal, even though the projections do not suggest China is accelerating the pace of its already-brisk warhead development.

"They've got a rapid buildup that is kind of too substantial to keep under wraps," a senior U.S. defense official said during a news briefing on the Pentagon's annual report on China's military.

"It does raise questions about whether they're kind of shifting away from a strategy that was premised on what they referred to as a lean and effective deterrent."

The report, which primarily covers activities in 2021, said China currently has a nuclear stockpile of more than 400 warheads.

The Pentagon's projection for China's nuclear arsenal of 1,000 warheads by 2030 remained unchanged, the official said, adding the projection for 2035 was based on an unchanged pace of expansion.

China says its arsenal is dwarfed by those of the United States and Russia, and that it is ready for dialogue, but only if Washington reduces its nuclear stockpile to China's level.

The United States has a stockpile of about 3,700 nuclear warheads, of which roughly 1,740 were deployed, according to the Stockholm International Peace Research Institute (SIPRI) think-tank.

Chinese leader Xi Jinping signaled during a Communist Party Congress in October that China would strengthen its strategic deterrent, a term often used to describe nuclear weapons.

© Reuters. FILE PHOTO: A nuclear-powered Type 094A Jin-class ballistic missile submarine of the Chinese People's Liberation Army (PLA) Navy is seen during a military display in the South China Sea April 12, 2018. Picture taken April 12, 2018.    REUTERS/Stringer

The report reiterated concern about increasing pressure by Beijing on self-ruled Taiwan, an island China sees as a breakaway province.

The U.S. official said Washington did not see an invasion of Taiwan as imminent.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.