To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

×
Open menu Search

China’s defence budget rebounds strongly

9th March 2021 - 00:09 GMT | by Gordon Arthur in Christchurch

RSS
The Chinese Communist Party is not permitting COVID-19 to interfere with its militaristic ambitions and modernisation.

China announced its 2021 defence budget on 5 March, during the fourth session of the 13th National People’s Congress (NPC) in Beijing. Military spending will rise by 6.8% to CNY1.355 trillion ($209.2 billion) for the coming year.

This is a significant increase compared to a year ago, especially when the impact of COVID-19 is factored in as most other countries around the world divert funds into pandemic and economic relief.

To put this figure in perspective, current Chinese military spending is greater than that of India, Japan, Russia, South Korea and Taiwan combined. Furthermore, China’s 2021 incremental increase of $13.4

Already have an account? Log in

Want to keep reading this article?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 1 free story per week
  • Personalised news alerts
  • Daily and weekly newsletters
  • Free magazine subscription to all our titles
  • Downloadable equipment data handbooks
  • Distribution rights (Corporate only)
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
  • 10-year news archive access
  • Downloadable equipment data handbooks
  • Distribution rights (Corporate only)
Start your free trial

Share to

Linkedin