China Defence Budget

  • China increases Defence budget by 12.2 per cent March 5, 2014

    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 security budget...
  • China hikes defence budget, spends three times more than India March 5, 2013

    Beijing: China on Tuesday hiked its defence budget by a whopping 10.7 per cent to $ 115.7 billion, well above India's current defence spending of $ 37.4 billion, underlining Beijing's military ambitions amid territorial disputes with neighbours. The double-digit rise in defence budget for 2013-14 was announced by Premier Wen...
  • China hikes defence budget by 11.2 pc March 4, 2012

    Beijing: China's defence spending will record a double-digit increase of 11.2 per cent, taking the budget to USD 106.4 billion this year compared to USD 92 billion in 2011, a government spokesman announced today, amid concerns about Beijing's military build-up. The hike was announced by Li Zhaoxing, spokesman for the...