Wednesday, March 4, 2009

China announces double-digit military spending boost

Posted in by Illuminated One | Edit
China announces double-digit military spending boost

China will boost military spending by 14.9% this year despite the economic slowdown, continuing a run of double-digit increases that have unsettled the US and Asian neighbours.

The spokesman for the National People's Congress – China's rubber-stamp parliament, which begins its annual session tomorrow – told reporters it was a "modest" increase which would increase capabilities and improve conditions for the 2.3 million members of the world's largest army.

READ MORE: GUARDIAN

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