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china defence budget

China says military spending to grow 7.1 percent in 2022

Some 1.45 trillion yuan ($230 billion) has been set aside for national defence, according to a government budget report

05 Mar 2022 11:32 AM

China hikes defence budget to USD 209 billion, 6.8 per cent increase

China's annual defence budget maintains a single-digit growth for a sixth consecutive year, state-run Xinhua news agency reported

05 Mar 2021 12:14 PM

India beats UK, becomes 5th largest defence spender in 2017: report

The report notes that while India continues to modernise its military capabilities, China remains far ahead at USD 150.5 billion.

15 Feb 2018 3:23 PM