China Defence Budget

  • China increases Defence budget by 12.2 per cent 05-03-2014 07:03 AM

    Beijing: China plans to raise its defence budget from USD 117.7 billion to about USD 132 billion in 2014, making a 12.2 per cent increase. Last year, China had raised its defence budget by 10.7 per cent to 720.2 billion yuan (USD 117.7 billion). It had also hiked its internal...