Why China raised its defense budget amid regional tensions and push for global clout I AP Explains

From Associated Press.

China announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise of the last year. #china #chinaeconomy #budget #business #news
(AP video: Wayne Zhang)

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