The Weekly Debrief: Chinese Defense Budget To Grow By 6.8%

J-20
Credit: Brad Perrett
The Chinese defense budget is officially projected to increase by 6.8%, going from CNY1,268 billion ($195 billion) to CNY1,355 billion ($209 billion), China announced on the sidelines of a meeting of the National People’s Congress. While the 2021 growth rate is well below the double-digit rates...

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