China has announced it will raise its defense budget by 7% for 2022, taking military spending to 1.450 billion yuan ($232 billion) from 1.355 billion yuan. The new budget, announced on the fringes of this year’s National People’s Congress meeting, represents a marginal growth from the 6.9% increase...
Subscription Required
China’s Defense Budget To Grow By 7% In 2022 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
