China boosts defence spending as regional disputes heat up
Tuesday, 5 March 2024 China will spend 1.665 trillion yuan ($231.4 billion) on defence in 2024, according to the budget report that lays out the government's financial plans for the year ahead. It has the world's second-largest defence budget behind the United States, even though the People's Liberation Army (PLA) surpasses the US military by number of personnel. China's boost in spending is also a cause for concern for self-ruled Taiwan.
China Sets Aggressive, Economic Growth , Target for 2024.
Associated Press reports that China has
said it aims to achieve 5% economic growth
in 2024, despite facing many challenges.
Premier Li Qiang outlined plans to boost
China's economy while addressing the annual
session of the National...
Tuesday, 5 March 2024
