News Snapshot:
BEIJING - China’s defence spending as a share of gross domestic product has been kept basically stable for many years, with the increases “moderate” and “reasonable”, the spokesman of the country’s parliament said on Saturday. “The modernisation of China’s military will not pose a threat to any country,” Mr Wang Chao, spokesman for the National People’s Congress, told reporters. Mr Wang was asked at a new conference by how much China’s defence budget would increase this year, and whether any increase would be larger than in previous years. He declined to give any figures for this year’s defence budget. The...
