China announced a 7.2 percent increase in its defense budget.

China announced a 7.2 percent increase in its defense budget.

China increased its defense budget by 7.2 percent; She made the announcement at the annual meeting of lawmakers which started today.

Thus, by budgeting 1.6 trillion yuan or 222 billion dollars for the defense force, it is second only to the United States. TRT reported that she will continue with this year.

In the Legislative Assembly, the country's prime minister said that China's growth rate could be 5 percent in the current fiscal year 2024.

by Wondimagegn Abebe
2024-03-05