China raises its military spending to $230 billion, a 7.1% increase from year earlier
Amid concerns of a possible invasion of Taiwan, China has announced its plan to increase its military budget by almost $230 billion this year, the Daily Mail reports.
Premier Li Keqiang has stated that the funds are intended to “enhance military capabilities and boost combat preparedness,” as he presented a draft budget to the National People’s Congress in Beijing, as reported by the Daily Mail.
The increase in military spending signifies China’s fastest pace of growth in four years and a shift in priorities, as the country moves towards allocating a larger share of its economy towards military expenses.
"China increases its military budget by 7.1% - $230BN – to ’boost combat preparedness’ for ‘major tasks’ amid fears it will launch an invasion of Taiwan"
READ MORE: https://www.dailymail.co.uk/news/article-11822303/China-increases-military-budget-230BN-amid-fears-launch-invasion-Taiwan.html
Links for B.C.
Visit My Website
https://bcbegley.com
Follow Me On Facebook
https://www.facebook.com/B.C.Begley
Subscribe To My Patreon
https://www.patreon.com/bcbegley
Watch Me On YouTube
https://www.youtube.com/channel/UCGoU...
Follow Me On Twitter
https://twitter.com/BC_News1
Watch Me On Rumble
https://rumble.com/c/c-280191
Follow Me On Gab
https://gab.com/BC_Begley
Follow Me On Parler
https://parler.com/profile/Bcbegley20...
Watch Me On BitChute
https://www.bitchute.com/channel/FYML...
Subscribe To The Apocalypse Watch App
https://newapocalypsewatch.com
-
3:29
Last World News Channel
1 year agoChina announces hike in military spending to counter 'escalating threats' | DW News
10 -
3:44
Last World News Channel
1 year agoChina sets 5% GDP growth target for 2023, plans to increase military spending
10 -
27:25
theratioing
1 year agoChina Increases Defense Budget
1 -
8:35
ninjaman1994
1 year ago[2023-04-12] China Military Drills: Is China About to Invade Taiwan
145 -
38:43
PTE Geopolitics "World Gone Crazy"
1 year agoJapan increases its Military spending to target China, USA to use every last Japanese to fight China
973 -
0:24
BlackJacksarmory
1 year agoPentagon looking to increase budget in Taiwan for war against China as per Redacted.
15 -
4:49
Restored Republic
1 year agoChina Begins Ramping up Military Spending - Is Taiwan in Its Crosshairs?
747 -
4:51
Theusmilitarynews.com
1 year agoChina Begins Ramping up Military Spending - Is Taiwan in Its Crosshairs?
74 -
17:12
Geopolitical Economy Report
1 year agoNew cold war math: US Fed exaggerates China's military spending with absurd graph
572 -
0:49
Newsy
4 years agoTaiwan Increases Defense Budget Amid Tensions With China
151