China to increase 2017 military spending by 7%
- China's parliament on Saturday announced the country will increase its military spending by 7 percent in 2017.
Ahead of Sunday's annual National People's Congress, parliament announced China's smallest increase to its military spending in seven years and the second consecutive year below 10 percent.
National People's Congress spokeswoman Fu Ying said China's total military spending will account for 1.3 percent of its projected gross domestic product in 2017.(Excerpt) Read more at: upi.com ...
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