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China defence budget News

China defence budget

08 Mar 2022

China's defence budget sees a rise of 7.1 per cent

In monetary terms, China`s 2022 defence spending is CNY1.45045 trillion (USD229.39 billion). Indeed, the budget revealed on 5 March confirms a continuing rebound in expenditure. Last year, China increased spending by 6.8 per cent to CNY1.355 trillion (USD209.4 billion).

China defence budget

22 May 2020

China hikes defence budget by 6.6% to $179 bn, nearly 3 times that of India

China's total defence spending in 2019 only amounted to a quarter to that of the United States, the world's largest defence spender, while the per capita expenditure was just about one-seventeenth.

04 Mar 2019

China hints at increasing defence spending

China last year increased its defence budget by 8.1 per cent, taking its declared defence spending to a whopping USD 175 billion which was over three times that of India's.

26 Feb 2019

China defence budget likely to defy slowing economy due to Taiwan worries

The defence spending figure is closely watched worldwide for clues to China`s strategic intentions.

04 Mar 2017

China defence spending to rise `around 7%`: Official

The actual number for defence spending will be released on Sunday, when China`s largely rubber-stamp Parliament begins its annual session.

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