China increases military spending in face of 'escalating' threats
The country's planned budgets for the year put defence spending at 1.55 trillion yuan ($225 billion), a 7.2 percent rise and the quickest rate of increase since 2019. It officially rose 7.1 percent last year.
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China's President Xi Jinping (C) and Chinese leaders sing the national anthem during the opening session of the National People's Congress at the Great Hall of the People in Beijing on March 5, 2023.
By NewVision Reporter
Journalists @NewVision
China said Sunday its military spending would rise at the fastest pace in four years, warning of "escalating" threats from abroad at a meeting of its rubber-stamp parliament that is