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RSS FeedsChina plans 7.1% boost for defense
(WorldNews China)


6 march 2022 16:54:43

China plans 7.1% boost for defense
(WorldNews China)

China plans 7.1% boost for defense Bloomberg News (TNS) China projected defense spending growth of 7.1% this year, the fastest pace in three years, as President Joe Biden moves to strengthen the U.S. position in the Indo-Pacific region. Military expenditure is expected to rise to about $229 billion in the coming year. The figure was released Saturday in the Ministry of Finance`s annual report at the start of the National People`s Congress in Beijing. `Government at all levels must give strong support to the development of national defense and the armed forces, so unity between the military and government and between the military...

93 viewsCategory: General > Asia > China
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