Will China convert its industrial overcapacity to military production before 2030?
Will China convert its industrial overcapacity to military production before 2030?
Basic
3
Ṁ50
2030
54%
chance

Resolves as YES if there is strong evidence that China has switched over a substantial fraction of its industrial overcapacity to the production of military hardware before January 1st, 2030.


Criteria for Resolution:

  • Strong Evidence:

    • The shift must be reported by at least two reputable sources, such as major international news outlets, recognized defense analysts, or official government publications.

    • Acceptable sources include but are not limited to: The New York Times, BBC, Reuters, Jane's Defence Weekly, SIPRI (Stockholm International Peace Research Institute), and official statements from the Chinese government or the Ministry of National Defense.

  • Substantial Fraction:

    • Defined as at least 20% of China's documented industrial overcapacity being redirected to military production.

    • Overcapacity refers to industrial facilities that are not fully utilized for civilian production and have the potential to produce additional goods without significant new investment.

  • Conversion to Military Production:

    • The overcapacity must be actively used to produce military hardware, including but not limited to:

      • Weapons systems (missiles, firearms, artillery)

      • Military vehicles (tanks, aircraft, naval vessels)

      • Ammunition and explosives

      • Military communication and surveillance equipment

    • Mere announcements of intent or plans without actual implementation will not be considered sufficient.

  • Time Frame:

    • The conversion must occur before January 1st, 2030.

    • Evidence must indicate that the shift started and was operational before this date.

  • Exclusions:

    • Routine military expansion proportional to economic growth or defense budget increases does not count.

    • Temporary or short-term conversions lasting less than six months will be excluded.

    • Production of dual-use goods (items that have both civilian and military applications) will only be counted if there is clear evidence they are intended primarily for military use.

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