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News
China defence budget
China defence budget News
China defence budget
08 Mar 2022
China's defence budget sees a rise of 7.1 per cent
In monetary terms, China`s 2022 defence spending is CNY1.45045 trillion (USD229.39 billion). Indeed, the budget revealed on 5 March confirms a continuing rebound in expenditure. Last year, China increased spending by 6.8 per cent to CNY1.355 trillion (USD209.4 billion).
China defence budget
22 May 2020
China hikes defence budget by 6.6% to $179 bn, nearly 3 times that of India
China's total defence spending in 2019 only amounted to a quarter to that of the United States, the world's largest defence spender, while the per capita expenditure was just about one-seventeenth.
China
04 Mar 2019
China hints at increasing defence spending
China last year increased its defence budget by 8.1 per cent, taking its declared defence spending to a whopping USD 175 billion which was over three times that of India's.
China
26 Feb 2019
China defence budget likely to defy slowing economy due to Taiwan worries
The defence spending figure is closely watched worldwide for clues to China`s strategic intentions.
China
04 Mar 2017
China defence spending to rise `around 7%`: Official
The actual number for defence spending will be released on Sunday, when China`s largely rubber-stamp Parliament begins its annual session.
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