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Chinese defense budget hits $91.5 billion

CV32
in Current Events in Asia-Pacific

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From DefenseNews

 

[excerpt]

 

China's Defense Budget Hits Record $91.5B

By WENDELL MINNICK

Published: 4 Mar 2011 10:40

 

TAIPEI - China has announced a 12.7 percent increase in its annual defense budget to a new high of $91.5 billion, up from $78.6 billion in 2010 and a return to the double-digit growth recorded through most of the 2000s.

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