China Defence Budget

China announced Tuesday it would boost its defence spending in 2024, as hostility over Taiwan and in the South China Sea grows.

The spending increase outpaces targeted economic growth of around 5%, which is slightly below last year's target as the world's second-largest economy faces domestic headwinds.

China on Saturday signalled at increasing its defence budget, the second biggest after the US, citing "complex security challenges" ahead of its annual Parliament session.

India proposed on Wednesday Rs 5.94 trillion ($72.6 billion) in defence spending for the 2023-24 financial year, 13% up from the previous period's initial estimates, aiming to add more fighter jets and roads along its tense border with China.

China today hiked its annual defence budget by 7.1 per cent to USD 230 billion from last year's USD 209 billion.

Taiwan's air force scrambled on Friday to warn away 10 Chinese aircraft that entered its air defence zone, Taiwan's defence ministry said, the day after the island announced a $9 billion boost to military spending to counter the threat from China.

China on Friday hiked its defence budget for the first time to more than USD 200 billion, over three times higher than that of India, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.

Defence Minister Rajnath Singh is speaking on the present situation in Eastern Ladakh in the Lok Sabha. Earlier, the Mr Singh informed the Rajya Sabha that through sustained talks, both Indian and China have reached an agreement for disengagement on the north and west bank of Pangong Lake.

Congress leader Rahul Gandhi on Wednesday strongly criticised the Union Budget, saying it was for one percent of the population and gave a wrong message to China by not significantly raising defence allocation.

Budget 2021: China and Pakistan are likely to prompt more money allocation for the defence forces for the second straight year

US President Donald Trump on Sunday (local time) vowed to veto the revised $740 million defence bill.

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

China announced Tuesday a 7.5 percent increase in military spending in 2019, lower than last year as the country faces an economic slowdown, but still likely to make Asian neighbours nervous.

China, the world's second largest military spender after the US, defended its massive allocation on security on Monday and hinted at raising it further this year, saying the country did not pose any "threat" to others.

China on Monday unveiled its largest defence spending increase in three years, setting an 8.1 percent growth target this year, fuelling an ambitious military modernisation programme and making its neighbours nervous.

China announced Tuesday it would boost its defence spending in 2024, as hostility over Taiwan and in the South China Sea grows.

The spending increase outpaces targeted economic growth of around 5%, which is slightly below last year's target as the world's second-largest economy faces domestic headwinds.

China on Saturday signalled at increasing its defence budget, the second biggest after the US, citing "complex security challenges" ahead of its annual Parliament session.

India proposed on Wednesday Rs 5.94 trillion ($72.6 billion) in defence spending for the 2023-24 financial year, 13% up from the previous period's initial estimates, aiming to add more fighter jets and roads along its tense border with China.

China today hiked its annual defence budget by 7.1 per cent to USD 230 billion from last year's USD 209 billion.

Taiwan's air force scrambled on Friday to warn away 10 Chinese aircraft that entered its air defence zone, Taiwan's defence ministry said, the day after the island announced a $9 billion boost to military spending to counter the threat from China.

China on Friday hiked its defence budget for the first time to more than USD 200 billion, over three times higher than that of India, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021.

Defence Minister Rajnath Singh is speaking on the present situation in Eastern Ladakh in the Lok Sabha. Earlier, the Mr Singh informed the Rajya Sabha that through sustained talks, both Indian and China have reached an agreement for disengagement on the north and west bank of Pangong Lake.

Congress leader Rahul Gandhi on Wednesday strongly criticised the Union Budget, saying it was for one percent of the population and gave a wrong message to China by not significantly raising defence allocation.

Budget 2021: China and Pakistan are likely to prompt more money allocation for the defence forces for the second straight year

US President Donald Trump on Sunday (local time) vowed to veto the revised $740 million defence bill.

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

China announced Tuesday a 7.5 percent increase in military spending in 2019, lower than last year as the country faces an economic slowdown, but still likely to make Asian neighbours nervous.

China, the world's second largest military spender after the US, defended its massive allocation on security on Monday and hinted at raising it further this year, saying the country did not pose any "threat" to others.

China on Monday unveiled its largest defence spending increase in three years, setting an 8.1 percent growth target this year, fuelling an ambitious military modernisation programme and making its neighbours nervous.