As US plans military boost, China’s defence budget rises at slowest pace in decades – report

China’s defence budget will rise seven percent to US$151 billion this year, the slowest annual percentage increase since 1991 and roughly in line with decelerating economic growth, Bloomberg News reported Monday. The budget is normally included in public documents released at the opening of the country’s 10-day annual legislative session, which began Sunday, but was … Continue reading As US plans military boost, China’s defence budget rises at slowest pace in decades – report