News Snapshot:
By Yew Lun Tian BEIJING (Reuters) - China's 2021 defence spending will rise 6.8% from 2020, up just slightly from last year's budget increase and broadly tracking the government's modest growth forecast, as the world's second-largest economy emerges from the pandemic's fallout. Premier Li Keqiang pledged that efforts to strengthen the People's Liberation Army, which is developing an array of weapons from stealthy fighters to aircraft carriers, would continue apace in the face of what China views as multiple security threats. The spending figure, set at 1.35 trillion yuan ($208.47 billion) in the national budget released on Friday, is closely...
