Sunday, March 4, 2012

China's defence spending to exceed $100 billion

China’s defence outlay this year will rise to more than three times India’s spending in 2011.
China has announced it will increase defence pending by 11.2 per cent in 2012, taking its military expenditure to $106.39 billion and marking a return to double-digit growth amid plans to modernise its armed forces during a year that will see a crucial leadership transition.

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