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for those still stuck on "defending democracy" in the corrupt Ukraine...shift your focus here please
The Chinese government will boost its military spending by 7.2% this year, rising to a total budget of 1.56 trillion Yuan.
In U.S. dollars, China's budget now sits at $230 billion, up nearly $16 billion from its budget in 2022. China's Ministry of Finance announced the new infusion of cash in its annual report on Sunday. The spending increase comes as the U.S. warns of a potential Chinese invasion of Taiwan in the near future. U.S. officials have also warned China against sending lethal aid to support Russia's invasion of Ukraine.
Despite the increase, U.S. military spending still dwarfs China's. America's military is engaged in efforts across the globe, including the supply of weapons for defending Ukraine.
China boosts military spending by billions as US warns of potential Taiwan invasion
The Chinese government increased its military spending in 2023, infusing nearly $16 billion to bring the budget to $230 billion as the U.S. warns of a Taiwan invasion.
www.foxnews.com
In U.S. dollars, China's budget now sits at $230 billion, up nearly $16 billion from its budget in 2022. China's Ministry of Finance announced the new infusion of cash in its annual report on Sunday. The spending increase comes as the U.S. warns of a potential Chinese invasion of Taiwan in the near future. U.S. officials have also warned China against sending lethal aid to support Russia's invasion of Ukraine.
Despite the increase, U.S. military spending still dwarfs China's. America's military is engaged in efforts across the globe, including the supply of weapons for defending Ukraine.