Internationalism No. 83, January 2026 Page 2 According to Nicolas Baverez of Le Figaro , China’s proposed Five-Year Plan for 2026-2030, accepted by the Fourth Plenum of the CCP Central Committee, marks China’s transition to a war economy . At the national level, the focus would not be on rebalancing demand, but on reducing dependencies in order to resist external pressures and international sanctions. War preparations, writes the French economist, are now fully integrated into China’s economic development strategy. In our view, it would be more accurate to speak of a rearmament economy , since no major power has yet moved towards the proportions of a full-scale war effort, i.e., military spending historically measured in tens of percentage points of GDP. Instead, the variations have so far been a few percentage points and fractions of a point. This does not mean that there is no rearmament process affecting the economy and society as a whol...