Yesterday, Beijing announced that it will jack up defence spending by 10.7 per cent this year to 720 billion yuan (HK$897 billion).Wednesday, 6 March, 2013, 5:25am 1 comment
Japan is to spend more than US$1 billion to expand radar coverage and military surveillance flights in its first increase in military spending in more than a decade as the newly elected Liberal Democratic Party fleshes out its approach to dealing with an emboldened China.9 Jan 2013 - 3:45am
Critics of American spending for military power often make three arguments: The US spends more than a combination of the military budgets of the next 12, 15 or 17 nations, depending on who is counting and what is included; military spending drains funds from welfare, health care, education and other domestic programmes; and, military spending is rife with fraud, waste and abuse, and should be r19 Dec 2012 - 2:45am
What China includes and does not include in calculating its military budget is the reason the outside world fails to understand its real defence expenditure, military experts said.5 Mar 2009 - 12:00am
Delegates to China's political advisory body joined the People's Daily yesterday in lambasting the United States, saying its accusations about the mainland's military build-up reflected a cold-war mentality.
China's ambassador to the US, Zhou Wenzhong, criticised the US report, released by the Pentagon earlier this week, saying it was inaccurate.7 Mar 2008 - 12:00am
No line item in the mainland's annual budget gets more attention than national defence.21 Jun 2005 - 12:00am
China's top army officials have attributed a 12 per cent surge in defence spending this year to fast-growing military equipment costs and inflation.
General Cao Gangchuan , head of the Commission of Science, Technology and Industry for National Defence, said the rising cost of military equipment was one of the main reasons behind the Army's budget increase.3 Mar 1997 - 12:00am