The budget of the Chinese military is to increase by more than 12 percent in 2011, a parliamentary source said. The double-digit hike is likely to further stoke fears among neighbouring countries over China’s expanding regional clout.
REUTERS - China said on Friday its military spending for 2011 would rise 12.7 percent over last year, resuming double-digit hikes that have stoked regional disquiet about Beijing's expanding strength.
The increase in spending for the People's Liberation Army is likely to intensify concerns in Taiwan, Japan, India and other parts of Asia where other military forces are jostling against Beijing's expanded arsenal.
Date created : 2011-03-04