106 Revista del Instituto Español de Estudios Estratégicos Núm. 2 / 2013 TThe deficit of the US Current Account has increased considerably from the beginning of the century and China has made a major contribution to this deficit due to its export-driven growth process. The deficit is unsustai-nable in the medium and long run and the Chinese economy is beginning to change its pattern. As a consequence the military strategy of the United States will undergo major changes that will affect the balance of power with China. United States, China, financial crisis, global disequilibrium, defense budget, Asia-Pacific, military strategy
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