Start Asia China forecasts military budget growth of 7.5%

China forecasts military budget growth of 7.5%

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In China, the military budget is forecast to grow by 7.5% to 1.19 trillion yuan ($ 177.6 billion).

This informs RIA Novosti with reference to the draft budget of China.

It is noted that the military budget of China in terms of volume ranks second in the world after the United States.

Earlier, the head of the Indo-Pacific Command, Admiral Philip Davidson, at a hearing in the Senate Armed Services Committee, said that in the long term, China is the most serious threat to the United States.