China S 2023 Defense Budget To Rise By 7 2 A Reasonable Restrained The 7.2 percent increase, identical to last year's figure, was announced at the start of the annual meeting of the country's rubber stamp parliament, the national people's congress (npc). china. China raises defense budget 7.2% as it pushes for global heft.
Military China Defence Budget Increase Infographic March 5, 2023, 2:24 am pst source: the associated press. by associated press. china will boost defense spending by 7.2% this year, slightly outpacing last year’s increase and faster than the. The spending increase marks the second year in a row that the annual hike in military spending has exceeded 7% and tops last year’s 7.1% growth, amid rising geopolitical tensions and a regional. Published 7:27 pm pdt, march 4, 2023. china on sunday announced a 7.2% increase in its defense budget for the coming year, up slightly from last year’s 7.1% rate of increase. that marks the eighth consecutive year of single digit percentage point increases in what is now the world’s second largest military budget. This article is for subscribers only. china said its defense spending would grow by 7.2% this year — the fastest pace since 2019 amid increasing tensions with the us on a range of issues.
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