China to increase Military spendings by 7%

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China has decided to increase military spending by about 7% this year, just days after Donald Trump outlined to boost the US defence budget.

It was announced in the annual National People’s Congress (NPC) in Beijing.

China is focusing more on equipping its military and also modernizing it after increase in economy growth.

But still the country’s military budget is way smaller than US.

The announcement marks the second consecutive year that the increase in China’s defence spending has not reached a double-digit percentage rise following nearly two decades at or above 10%.

Government spokesperson Fu Ying said that “It means that total spending will account for about 1.3% of the country’s projected GDP in 2017, the same level as in recent years.”

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Aqsa Khan, Senior-Editor Baaghi TV, Pakistan is a Graduate of Political Sciences and takes keen interest in International Politics and changing Global Partnerships.

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