China raises its military spending to $230 billion, a 7.1% increase from year earlier
Amid concerns of a possible invasion of Taiwan, China has announced its plan to increase its military budget by almost $230 billion this year, the Daily Mail reports. Premier Li Keqiang has stated that the funds are intended to “enhance military capabilities and boost combat preparedness,” as he presented a draft budget to the National People’s Congress in Beijing, as reported by the Daily Mail. … Continue reading China raises its military spending to $230 billion, a 7.1% increase from year earlier
