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Added on : 2023-03-05 11:27:22

China on Sunday announced a 7.2 per cent increase in its defence budget for the coming year, just .1 per cent higher than in 2022. That marks the eighth consecutive year of single-digit percentage increases in what is now the world's second-largest military budget. The 2023 figure was given as 1.55 trillion yuan (USD 224 billion).

Editor & Publisher : Dr Dhimant Purohit


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