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Friday, May 22, 2020

China increases defence budget.


China increases defence budget


 China has announced a huge amount of 179 billion US dollars for its defence.

The government of China has raised the amount from last year by 3 billion US dollars.

China has the world's largest military of two million troops. According to a draft budget report given on Friday by the National People's Congress (NPC), the country's top authority, China will continue to drop its defence budget growth rate to 6.6 percent in 2020.


The 2020 defence budget remains to see single-digit growth for a fifth consecutive year. It is the lowest growth rate in recent years.

The money that China spent last year was only a quarter of the amount spent by the US last year. "China has been submitting reports on its military expenditure to the United Nations every year since 2007" said Zhang Yesui, spokesperson of NPC. He also replied that there is no hidden military spending.

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