| China boosts defence spending by 10.7% |
|
China will increase its official defence budget by 10.7 per cent this
year, continuing a nearly unbroken run of double-digit hikes over the
past two decades. The government on Tuesday said military spending would grow to Rmb720bn ($116bn) in 2013. It included the figure in a draft budget submitted to the National People’s Congress, the country’s rubber stamp parliament. http://link.ft.com/r/6NPSBB/ |
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Tuesday, March 5, 2013
China boosts defence spending by 10.7%
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