Wall Street Journal: China to Boost Military Budget by About 10%
Economic slowdown has little impact on Beijing’s military modernization plans
BEIJING—China will raise military spending by about 10% this year, a senior Chinese official said on Wednesday, suggesting that an economic slowdown will have limited impact on modernization plans that include new submarines, aircraft carriers and stealth fighter jets.
Fu Ying, a spokeswoman for the National People’s Congress, told a news conference that the precise figure for the defense budget would be announced on Thursday, the opening day of the Chinese legislature’s annual meeting. She said it would be in line with the overall increase in government spending planned for 2015.
WNU Editor: This budget increase is even bigger than what is being publicly acknowledged (see above video).
More News On China's Defense Budget To Grow 10% in 2015
China defense budget rise to defy slowing economy -- Reuters
China to boost military budget by 10 per cent -- Economic Times/AP
Beijing: China To Grow Defense Budget By 10% -- Defense News/AFP
China’s Military Budget Increasing 10% for 2015, Official Says -- NYT
China’s Defense Spending Slows as Xi Turns Graft Push on PLA -- Bloomberg
China to increase military budget by 10 percent to $145 billion -- Deutsche Welle
China Continues To Ramp Up Defense Spending, To Hike Budget By 10% In 2015 -- IBTimes
China to Boost Military Budget by 10 Percent -- VOA
China’s defense spending to grow 10% in 2015 -- ITAR-TASS
China’s Defense Budget to Grow by 10% in 2015 -- Sputnik
China’s Defense Budget to Increase 10 Percent in 2015 -- The Diplomat
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