China defense budget to grow 10.7 pct

satish007

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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.
 
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satish007

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unlike before, 2013 increment will be used for weapons instead of soldier benefits.damn Japs, not more salary this year but war.
 

G90

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:cool2: The defence spending is way too small for the greatest world power, China should increase 3X more in 2-3 years.
 

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