China has said it would increase its defence spending by 7.2 percent in 2023, compared with 7.1 percent last year, as its outgoing premier warned of growing “external” threats to Beijing’s rise.
The increase is a shade higher than last year and broadly in line with the general pace of annual growth, but exceeds the annual GDP growth target of around five percent announced in a separate report. China’s defence spending still pales in comparison with the United States, which has allotted over $800 billion for its military this year.
Who's threatening this people..lack of trust....tax payers money..
Good day everyone my name is Adedeji I can build jet engines, helicopter engines, gas turbines, advanced missiles engines, hypersonic engines, hydraulic systems and many more
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