China’s defence budget will rise seven percent to $151 billion this year, the slowest annual percentage increase since 1991 and roughly in line with decelerating economic growth, Bloomberg News reported Monday. The budget is normally included in public documents released at the opening of the country’s 10-day annual legislative session, which began Sunday, but was … Read more
China pledged more support for its military on Sunday including strengthening maritime and air defenses as it takes steps to safeguard its sovereignty, but in a highly unusual move did not give spending figures for 2017 despite promises of transparency. Parliament’s spokeswoman, Fu Ying, said on Saturday defense spending for this year would rise about … Read more
China says it will increase military spending by about 7% this year, just days after Donald Trump outlined a boost to the US defence budget. The scheduled announcement was made ahead of the annual National People’s Congress (NPC) in Beijing. China has been modernising its armed forces recently as its economy expands. China’s announced defence … Read more
China will raise defence spending by “around seven percent” this year as it guards against “outside meddling” in its disputed territorial claims in Asian waters, a top official said Saturday. “We call for a peaceful settlement through dialogue and consultation (of the disputes). At the same time we need the ability to safeguard our sovereignty … Read more