China plans a 7.2% increase in defense spending by 2023
China will increase defense spending by 7.2% this year, exceeding the government's economic growth target after the Chinese Communist Party's...
March 6, 2023Asia-Pacific is the engine of the global economy and the main arena of US-China competition – the source of the world’s chips, the buyer of its commodities, and the swing factor in every supply chain. The Rio Times covers Asia through an emerging-market investor lens: the markets, currencies, trade policy, critical-materials leverage and the great-power contest that ripples straight into Latin America’s terms of trade. From China and India to Japan, Korea and Southeast Asia, this hub gathers our daily Asia-Pacific coverage and connects it to the wider Global South story.
China will increase defense spending by 7.2% this year, exceeding the government's economic growth target after the Chinese Communist Party's...
March 6, 2023
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