Defence Notes

Chinese draft budget describes 6.6% defence spending increase

22nd May 2020 - 13:30 GMT | by The Shephard News Team

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China will increase defence spending by 6.6% in 2020, according to a draft budget released on 22 May.

State-controlled news agency Xinhua noted that this will be the ‘lowest growth rate in recent years’, and the fifth consecutive annual single-digit increase.

The CNY1.27 trillion ($179 billion) official budget ...

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