Tag: China defense budget

• Tuesday, March 6th 2012 - 04:51 UTC

  China increases defense budget to 100bn dollars; India says it is closer to 150bn

  

  China has announced it will increase defense spending by 11.2% in 2012, for the first time taking its annual military expenditure beyond 100 billion dollars as it puts in place plans to modernize its Army against the backdrop of an uncertain regional environment.