04 March, 2010
China Plans Lowest Increase in Defense Spending in a Decade
China plans to boost defense spending by 7.5 percent, the slowest pace of expansion in a decade, as the government seeks to allay concerns about the country’s growing military might. Andrew Davies said that while this year’s increase is down a bit, we are still talking about an increase that is much bigger than Western nations and one that allows for a significant military build-up to continue.
Buisness Week
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