News Snapshot:
Top Stories | By Admin China news: Beijing set to splash cash on military budget as tensions rise | Royal | News Security experts from China and America have tipped Beijing to splash on this years defence budget. Last year saw Beijing raise defence spending by 6.6 percent, or $178 billion, which was its lowest rate of increase in three decades. Ni Lexiong, a retired professor at the Shanghai University of Political Science and Law, said Beijing is moving to protect itself from security threats. He said: “China is facing the most severe security situation since the Korean War.” The...
