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Freedom

Wednesday, March 15, 2006

China boosts military spending 14.7 per cent


"China will boost its military spending 14.7 pct to about 35.1 bln usd this year, parliament spokesman Jiang Enzhu said.

"Jiang also said 'moderate' spending increases in recent years were aimed at strengthening China's defensive capabilities, but he repeated a warning that Taiwan should not move towards independence."
Forbes

Military budget of the People's Republic of China

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