China\'s defence budget is set to rise 10.7 percent this year, state media said on Tuesday as the national parliament\'s annual gathering opens, a slight drop from a 11.2 percent increase in 2012. \"China plans to raise its defence budget by 10.7 percent to 720.2 billion yuan\" ($115.7 billion) in 2013, the Xinhua news agency said, citing a budget report that will be reviewed by the National People\'s Congress (NPC), the national legislature. China\'s military budgets have risen steadily in recent years along with the country\'s booming economic growth, and experts say the actual totals are usually substantially higher than the publicly announced figures. The increases have become a sensitive topic as they come with China taking what some neighbouring countries consider a more assertive military stance on long-simmering territorial disputes. In a departure from normal practice, the legislature had declined to announce the 2013 defence budget at a press conference on Monday, when NPC spokeswoman Fu Ying responded with frustration when she was asked about the topic. \"It seems China has to explain every year to the outside world why we should strengthen national defence and why we should increase the military budget,\" Fu said.
GMT 09:43 2018 Tuesday ,23 January
Global unemployment down but working poverty rampantGMT 15:13 2018 Sunday ,21 January
All you need to know about Davos 2018GMT 22:33 2018 Saturday ,20 January
Calls for action over dirty money flowingGMT 04:42 2018 Saturday ,20 January
Storm caused 90 mn euros in damage: Dutch insurersGMT 07:06 2018 Friday ,19 January
China economy rebounds in 2017 with 6.9% growthGMT 11:35 2018 Thursday ,18 January
'Massive' infrastructure spending needed in AfricaGMT 14:29 2018 Wednesday ,17 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 18:55 2018 Tuesday ,16 January
London stock market edges to new high

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor