China announced today that it will boost defense spending by 12.7 percent to 601.1 billion yuan ($91.48 billion) for this year.
This marks the return to double-digit growth for spending on the military. Last year, the increase was 7.5 percent.
Aviation News
China announced today that it will boost defense spending by 12.7 percent to 601.1 billion yuan ($91.48 billion) for this year.
This marks the return to double-digit growth for spending on the military. Last year, the increase was 7.5 percent.