Members of Chinese People’s Liberation Army (PLA) prepare to lay flowers at the Monument to the People’s Heroes during a ceremony on Tiananmen Square to mark Martyrs’ Day, in Beijing, China on September 30, 2021. (Reuters)
CNBC: China to increase defense spending by 7.2%
* China is set to increase defense spending this year by 7.2% to 1.56 trillion yuan ($230 billion), according to a draft released Sunday by the Ministry of Finance.
* China’s defense budget grew by 7.1% last year to 1.45 trillion yuan.
BEIJING — China is set to increase defense spending this year by 7.2% to 1.56 trillion yuan ($230 billion), according to a draft released Sunday by the Ministry of Finance.
China’s defense budget grew by 7.1% last year to 1.45 trillion yuan, faster than the 6.8% increase in 2021 and 6.6% climb in 2020, according to official data.
In 2019, China’s defense spending rose by 7.5% to 1.19 trillion yuan.
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WNU Editor: The only thing that I can say is that this is a massive increase on top of the massive increases that they have been having for the past few years.
China To Increase Defense Spending By 7.2% This Year
China: Defense boost to meet ‘complex security challenges’ -- AP
China cites need to boost military spending as People's Congress meets -- UPI
China says military budget to increase again by ‘appropriate’ level -- The Guardian
China Boosting Defense Budget to Respond to Changing Security Situation -- Sputnik
3 comments:
Cool, then they can make stealth fighters that can't fly in thunderstorms and bomb mud huts in Somaliland.
Are you talking the Chinese or the Americans?
Don’t worry folks, the United States is indestructible and our military is superior in every way. Every decision we make is the right one and anyone who disagrees is a part of the axis of evil.
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