China's defence budget sees a rise of 7.1%, expenditure shadowed by Russia-Ukraine war
In monetary terms, China`s 2022 defence spending is CNY1.45045 trillion (USD229.39 billion). Indeed, the budget revealed on 5 March confirms a continuing rebound in expenditure. Last year, China increased spending by 6.8 per cent to CNY1.355 trillion (USD209.4 billion).
Mar 08, 2022, 12:19 PM IST
China hikes defence budget by 6.6% to $179 billion, nearly three times that of India amid COVID-19 crisis
China's total defence spending in 2019 only amounted to a quarter to that of the United States, the world's largest defence spender, while the per capita expenditure was just about one-seventeenth.
May 22, 2020, 23:00 PM IST
China, world's second largest military spender, hints at increasing defence spending
China last year increased its defence budget by 8.1 per cent, taking its declared defence spending to a whopping USD 175 billion which was over three times that of India's.
Mar 04, 2019, 13:20 PM IST
China defence budget likely to defy slowing economy due to Taiwan worries
The defence spending figure is closely watched worldwide for clues to China`s strategic intentions.
Feb 26, 2019, 08:23 AM IST
China defence spending to rise `around 7%`: Official
The actual number for defence spending will be released on Sunday, when China`s largely rubber-stamp Parliament begins its annual session.
Mar 04, 2017, 10:09 AM IST
