China Massively Boosts Defense Spending For 2021

 

CGTN: China's defense budget to maintain single-digit growth in 2021 

China's annual defense budget will maintain single-digit growth for the sixth consecutive year, increasing by 6.8 percent in 2021, according to a draft budget report made public on Friday. 

This year's planned defense spending will be about 1.35 trillion yuan (about $209 billion), the draft, which was submitted to the fourth session of the 13th National People's Congress for deliberation, said. 

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WNU Editor: According to Reuters. China's defense spending increase is "mild" .... China sets another mild defence budget rise for 2021 (Reuters). When is a 6.8% increase spending mild?!?!?!? 

Here are some official Chinese media announcements .... China hikes defense budget by 6.8 % in 2021, faster than 6.6% growth last year (Global Times). More here .... China's defense budget balances tackling external threats, economic recovery and public's sense of safety (Global Times). 

 More News On China's Defense Budget For 2021 

China boosts defense spending by 6.8% amid debt, pandemic -- AP 

China's Defense Budget Climbs 6.8% as Economy Recovers -- Bloomberg 

China’s defence budget to cross $200 billion with 6.8% hike -- The Hindu 

China hikes defence budget to USD 209 billion, over 3 times that of India -- Times of India