05 March 2019
- RSIS
- Media Mentions
- China to Raise Defence Spending by 7.5%, Lower than 2018
China to Raise Defence Spending by 7.5%, Lower than 2018
China announced Tuesday a 7.5 percent increase in military spending in 2019, lower than last year as the country faces an economic slowdown, but still likely to make Asian neighbours nervous. “China’s military expenditure is coordinated with annual Chinese GDP growth,” said James Char, a military expert at NTU Singapore. “China has other national priorities and an over-militarised national economy can deprive the government of much-needed resources, as what had happened to the former USSR,” Char said.
IDSS / Online
Last updated on 06/03/2019
