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How much did the Vietnam War and Korean War cost China?

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In the 1940's, there was international division of labor in spreading the ideals of communism, with the USSR concentrating on Eastern Europe and China on SE Asia. Mao wanted to export his concept of “People's War”. Starting in 1950, he sent political and military advisers, weapons and supplies. read more

After all, China had just fought the Korean War against the Americans, and this had placed enormous stress on its economy. So when the French withdrew from Vietnam in 1954, the Chinese very much wanted a relaxation of tensions in Southeast Asia. They didn't want to fight another Korean War in Vietnam. read more

Mixed costs (Korea & the general defense buildup): $216 billion; Indirect/Related Costs: $72 billion; But even those costs were not the end cost of the Korean War. Miller noted that there are three other considerations to take into account when estimating the total cost of the Korean War. read more

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