China's defence budget likely to grow despite economic cost of coronavirus
Mon, May 18, 2020 - 3:37 PM
China set a 7.5 per cent rise for the defence budget in 2019, outpacing what ended up as full-year gross domestic product (GDP) growth of 6.1 per cent in the world's second-largest economy.
[BEIJING] China, facing what it sees as increasing military pressure from the United States, is likely to shrug off the pall hanging over its economy from the novel coronavirus and increase its defence budget again this year.
China's military spending, due to be announced at the opening...