China boosts defense spending ...News

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China boosts defense spending
source : Russia Today ( News ) () 77
Beijing has announced its biggest defense budget increase since 2019 China’s defense spending will rise by 7.2% to $230 billion this year, according to information released in Beijing’s national budget on Sunday. Premier Li Keqiang also called upon Beijing’s armed forces to “boost combat preparedness” as they expand their military capabilities amid tensions with Taiwan. The 7.2% increase is the sharpest surge in China’s defense spending since 2019. It follows a 6.8% uptick in 2021 and 6.6% in 2020. In 2019, Asia’s leading military power oversaw a 7.5% increase in its defense budget to 1.19 trillion yuan – around $

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