China S Defense Budget

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

China announced on Monday an 8.1 percent defence budget increase for 2018, giving the world's largest armed forces a boost after spending slowed in the previous two years.

It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.

Japan's Defense Ministry on Friday requested money for F-35 stealth fighter jets as part of its biggest-ever budget to bolster its ability to defend remote southern islands, including ones also claimed by an increasingly assertive China.

China's defense budget has grown 850 per cent in the last 20 years from $20 billion to $170 billion in 2018, a top Pentagon official told lawmakers on Thursday.

China announced on Monday an 8.1 percent defence budget increase for 2018, giving the world's largest armed forces a boost after spending slowed in the previous two years.

It's not just President-elect Donald Trump who's bent on military build-up. From Europe all the way to China, the next decade will be marked by an increase in global defense spending amid rising feuds and pockets of instability, according to IHS Jane's latest annual Defense Budgets report.

Japan's Defense Ministry on Friday requested money for F-35 stealth fighter jets as part of its biggest-ever budget to bolster its ability to defend remote southern islands, including ones also claimed by an increasingly assertive China.