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Budgets | China | Issues - International

China’s Military Budget: 19th Double-Digit Boost in a Row

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Red flag to abull defense market On March 4, 2007, Jiang Enzhu, the Deputy Secretary General and spokesman for the National People’s Congress, announced that China’s official military budget would grow 17.8% this year, to $45 billion. This continues a trend covered in 2006 and 2005, and will mark the 19th consecutive year of double-digit […]

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