China is going to increase its military budget to USD 229.5 billion in 2022, according to the draft budgetary proposals released on Saturday.
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China forced to increase defense budget after tech curbs from US, Europe, says analyst
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While the GDP figure is China’s lowest goal in decades, the country’s official defence outlay has crossed the $200 billion mark for the second time, the first being in 2021.
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US Secretary of State Blinken tells China the ‘world is watching’ its response to Russia’s assault on Ukraine
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China raises army budget to $229B
China announced on Saturday a 7.1-percent increase in its defense budget for 2022 to $229 billion, continuing years of robust spending on its increasingly powerful military that is challenging the …
