China defense budget to grow 10.7 pct

Discussion in 'China' started by satish007, Mar 5, 2013.

  1. satish007

    satish007 Senior Member Senior Member

    Joined:
    May 7, 2011
    Messages:
    1,458
    Likes Received:
    202
    Location:
    China
    China defense budget to grow 10.7 pct in 2013: report - People's Daily Online
    BEIJING, March 5 (Xinhua) -- China plans to raise its defense budget by 10.7 percent to 720.2 billion yuan (114.3 billion U.S. dollars) in 2013, according to a budget report to be reviewed by the national legislature.

    yesterday was a black day, chinese stock fall sharply, Ray has shared with us.
    but many defence stocks are not in the list, very stable.
     
    Last edited: Mar 5, 2013
  2.  
  3. satish007

    satish007 Senior Member Senior Member

    Joined:
    May 7, 2011
    Messages:
    1,458
    Likes Received:
    202
    Location:
    China
    unlike before, 2013 increment will be used for weapons instead of soldier benefits.damn Japs, not more salary this year but war.
     
  4. G90

    G90 Regular Member

    Joined:
    Feb 25, 2012
    Messages:
    239
    Likes Received:
    13
    :cool2: The defence spending is way too small for the greatest world power, China should increase 3X more in 2-3 years.
     

Share This Page