China defends massive growth in military spending

04th March 2013 10:27 AM

China is defending its booming military spending, saying its vast investments in the armed forces have contributed to global peace and stability.

However, in a break with previous years, no figure for this year's defense budget was presented at a news conference held Monday on the eve of the opening of the annual legislative session. Spokeswoman Fu Ying said the figure would appear in the overall budget to be released Tuesday.

Chinese defense spending has grown substantially each year for more than two decades, and last year rose 11.2 percent to 670.2 billion yuan ($106.4 billion), an increase of about 67 billion yuan.

Only the United States spends more on defense.

Fu cited U.N. peacekeeping and anti-piracy patrols as examples of China's contribution to world peace and stability.

A+ A A-
Post a Comment
*
1000 characters left

All comments will be reactively moderated

Disclaimer: The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Comments are automatically posted live; however, newindianexpress.com reserves the right to take any or all comments down at any time.

Recent Activity

What's Hot?