Chinese Defence Budget
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Amid Rolling Speculations, China Confirms 7% Increase In Defence Budget 2017
China's defence budget will rise 7 percent in 2017, to 1.044 trillion yuan ($151.43 billion), state media said on Monday, after the omission of exact figures from an annual report sparked questions over transparency on military spending.
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Chinese Military to Layoff 1.70 Lakh Officers: Report
China's new move to downsize its 2.3-million strong military will result in laying off of about 1.70 lakh officers as the world's largest army plans to scrap two of its existing seven commands and three corps to streamline forces.
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Amid Rolling Speculations, China Confirms 7% Increase In Defence Budget 2017
China's defence budget will rise 7 percent in 2017, to 1.044 trillion yuan ($151.43 billion), state media said on Monday, after the omission of exact figures from an annual report sparked questions over transparency on military spending.
-
Chinese Military to Layoff 1.70 Lakh Officers: Report
China's new move to downsize its 2.3-million strong military will result in laying off of about 1.70 lakh officers as the world's largest army plans to scrap two of its existing seven commands and three corps to streamline forces.
