China Hikes Defence Budget by 7.5% to USD 117.6 bn

China's budgeted defence spending growth rate stood at 7.6 per cent in 2016, 7 per cent in 2017 and 8.1 per cent in 2018 as its economy too has been steadily slowing down after a double-digit growth in 2010.

from Top World News- News18.com https://ift.tt/2H21aZX