The Coming Crisis: China boosts defence spending by 10.7%

The Coming Crisis Welcome to Humanity's    ...Final Performance...

China boosts defence spending by 10.7% Mar 5th 2013, 04:49 China will increase its official defence budget by 10.7 per cent this year, continuing a nearly unbroken run of double-digit hikes over the past two decades. Spending is set to grow to Rmb720.168bn ($116bn) in 2013, according to the government's draft budget submitted to the National People's Congress, the country's rubber stamp parliament, on Tuesday morning. http://www.ft.com/cms/s/0/ccf2a93a-8539-11e2-88bb-00144feabdc0.html

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