Thursday, March 4, 2010

China's Military Budget To Increase By 7.5%



China Increases Military Budget 7.5% -- Voice of America

China has announced plans to boost its military budget by 7.5 percent this year - the smallest increase in more than two decades. The figures were unveiled at a news conference, Thursday, to preview the annual session of China's legislature, which begins Friday.

Li Zhaoxing, spokesman of the National People's Congress, says China's new military budget for 2010 will be nearly $78 billion, or 7.5 percent more than the year before.

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More News On China's Military Budget

China announces 7.5 pct jump in defense spending -- AP
China's defence budget to rise 7.5 percent in 2010 -- AFP
China Says It Is Slowing Down Military Spending -- New York Times
China slows rise in military spending -- BBC
China slows rise in military spending -- The Telegraph
China posts unexpectedly low defence budget rise -- Times Online
China's military spending slows, on paper -- Christian Science Monitor
China to cool rising defence spending -- Financial Times
China Plans Lowest Defense Budget Raise in 10 Years -- Business Week/Bloomberg
FACTBOX - Facts about China's military forces -- Reuters

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