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China's Massive Defence Budget
Mar 10, 2015

China's defence budget this year will rise about 10% compared with 2014, outpacing the slowing economy as the country ramps up investment in high-tech equipment such as submarines and stealth jets.

  • Last year, China’s defence spending was budgeted to rise 12.2% to 130 billion dollar, second only to the US Pentagon's proposed $534 billion base budget. 

  • The 2015 target, which would put defence outlays at around 145 billion dollar, would represent the slowest growth in military spending in five years.

  • China has logged a nearly unbroken two-decade run of double-digit budget increases.

  • China's defense budget grew by 12.7% in 2011, 11.2% in 2012, and 10.7% in 2013.

  • China is pouring investment into hi-tech equipment such as submarines and stealth jets.

  • China has also been investing in naval forces, including an aircraft carrier.

  • China's defence budget is still dwarfed by what the U.S. spends on its military.

  • China's budget has increased by double digits every year since 2010, but U.S. spending has declined since then.

  • India has announced a 40 billion dollar defence budget for 2015-16, representing a 7.9% rise over the allocation for 2014-15.


The military build-up by China has rattled nerves around the region, particularly as China has taken an increasingly hard line on its territorial disputes in the East and South China Seas.

China also says it faces a threat from Islamist militants in the far western region of Xinjiang, and is drafting an anti-terror law that will create a legal framework for sending troops abroad on counter-terrorism missions.


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