Hype /defense

Aircraft Carrier   China Aerospace  

China Boosts Defense Budget by 7.2% Amid Military Modernization Push

In a strategic move aimed at military modernization, China has announced a 7.2% increase in its defense budget for the year, allocating a record CNY1.67 trillion ($232 billion). This escalation is part of Beijing's broader military transformation effort, enhancing its global stature and addressing regional tensions.

Discovered 2024-03-04T19:02:08.599846-08:00 | 2024-03-04T19:02:08.599846-08:00

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