1st Ld: China defense budget to increase 12.2 pct in 2014: report

0 Comment(s)Print E-mail Xinhua, March 5, 2014
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China plans to raise its defense budget by 12.2 percent to 808.2 billion yuan (about 132 billion U.S. dollars) in 2014, according to a budget report to be reviewed by the country's national legislature.

China spent 720.197 billion yuan on national defense in 2013, a 10.7-percent increase from the previous year. Endi

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