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China confirms 7% hike in 2017 defence budget
Increase is smallest amount in more than a decade, even as China pledges to strengthen maritime and air defences
Add BT as a preferred sourcePublished Mon, Mar 6, 2017 · 09:50 PM
Beijing
CHINESE defence spending will rise this year by the smallest amount in more than a decade, figures published by state media showed on Monday, after the omission of exact figures from an annual budget report sparked questions over transparency.
The military budget for 2017 will increase by 7 per cent, to 1.044 trillion yuan (S$213.5 billion), about one-quarter of the proposed US defence spending for the year.
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