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China’s military budget—the second-largest in the world after the United States—is set to increase by 7.1 percent in 2022, Beijing announced on Saturday
Some 1.45 trillion yuan ($230 billion) has been set aside for national defence, according to a government budget report
China's military budget -- the second-largest in the world after the United States -- is set to increase by 7.1 percent in 2022, Beijing announced on Saturday.
Some 1.45 trillion yuan ($230 billion) has been set aside for national defence, according to a government budget report
China's defence spending will grow at a faster rate this year, as Beijing faces growing threats to its security in the region. . Read more at straitstimes.com.