China boosts defense spending amid military modernization

China boosts defense spending amid military modernizationBy Christian Shepherd and Michael Martina BEIJING (Reuters) - China unveiled its largest rise in defense spending in three years on Monday, setting an 8.1 percent growth target compared to 2017, fuelling the country's ambitious military modernization program amid rising Chinese security concerns. The 2018 defense budget will be 1.11 trillion yuan ($175 billion), according to a report issued at the opening of the country's annual meeting of parliament. The defense spending figure is closely watched around the world for clues to China's strategic intentions as it develops new military capabilities, including stealth fighters, aircraft carriers and anti-satellite missiles.




from Yahoo News - Latest News & Headlines http://ift.tt/2H45t2M
via Latest News

Comments

Post a Comment

Popular posts from this blog

Facebook's latest bug exposed the private photos of 6.8 million users - The INQUIRER

Facebook's latest bug exposed the private photos of 6.8 million users    The INQUIRER After a year from hell, Facebook parties like it's 2017    The Guardian Facebook bug may have exposed users’ photos    ConsumerAffairs Bug may have exposed photos from 7 million Facebook users | WSB-TV    WSB Atlanta Use This Tool To See If Your Photos Were Exposed In Facebook's Latest Privacy Blunder    Hot Hardware View full coverage on Google News from Technology - Latest - Google News https://ift.tt/2Bs7iVW via Technology
Read more

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game - Kotaku

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game    Kotaku Blizzard Sells an Overwatch 2 Charm Cheaper in Real Life Than In-Game    IGN Real life Overwatch 2 charm costs less than it does in game    PCGamesN Overwatch 2 Fans Upset at Blizzard's Reasoning for Not Nerfing Sojourn    GameRant Overwatch 2: Keychain Costs More In-Game Than Real Life    DualShockers View Full Coverage on Google News from Technology - Latest - Google News https://ift.tt/P970ArQ via Technology
Read more