Don't miss

Replay


LATEST SHOWS

FRANCE IN FOCUS

Backstage at Paris Fashion Week

Read more

FASHION

Paris Fashion Week: Saint Laurent, Lanvin, present new designers

Read more

#THE 51%

Online and proud: Iranian women use social media in a campaign for equality

Read more

#TECH 24

Say hello to Pepper!

Read more

REPORTERS

Video: The final days of Colombia’s FARC guerilla

Read more

REVISITED

Video: Abkhazia, the country that (almost) doesn't exist

Read more

FOCUS

Lawlessness and lynchings in Venezuela

Read more

PEOPLE & PROFIT

Volkswagen: ‘We've changed the foundations of our company’

Read more

YOU ARE HERE

The chandelier, master of light

Read more

Asia-pacific

Beijing to increase defence budget by 14.9%

Video by Rachel MARUSAK , Marion GAUDIN

Latest update : 2009-03-04

Beijing has announced a 14.9 percent increase in China's 2009 defence budget despite concerns on the part of the United States, Japan and other nations over the country's increasing military might.

AFP - China announced Wednesday that its defence spending would rise by 14.9 percent in 2009, as it insisted its expanding military power posed no threat to the rest of the world.
  
"China's defence expenditure for the year will increase modestly," the spokesman for China's parliament, Li Zhaoxing, told reporters.
  
The defence budget for 2009 is 480.686 billion yuan (70.2 billion dollars), an increase of 62.482 billion yuan from the previous year, he said.
  
The rise is slightly smaller than previous years, following a previously announced rise of 17.9 percent for 2008.
  
The United States, Japan and their allies have long expressed concern about China's military build-up, warning that the Chinese government has not been transparent in this sphere.
  
Li said these concerns were misplaced.
  
"China's limited military powers will be solely used for the purpose of safeguarding its sovereignty and territorial integrity," he said.
  
"This will not pose a threat to any country."
  
He emphasised that China's military spending was 1.4 percent of China's gross domestic product, compared with 4.0 percent for the United States and 2.0 percent for the United Kingdom and France.

Date created : 2009-03-04

COMMENT(S)