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China's Economy Slows, Defense Budget Only Rises 7.5%

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Hasan Gesit
Jakarta - China will increase the defense budget by 7.5% compared to the 2018 budget.
Based on the report, the budget is US $ 177.49 billion. Quoting Reuters, this fee will be used to develop new military capabilities,
including for secret forces, aircraft carriers to missiles. Chinese Prime Minister Li Keqiang said the budget increase was 7.5%
because the economic growth target was cut to 6-6.5%.
Last year the budget was higher at 8.1%, even 5 years before it reached double digits. china military weapons "We will accelerate innovation efforts in the field of science and technology related to defense.
We will also maintain (communist) leadership of the armed forces," Li was quoted as saying by Reuters on Tuesday (03/05/2019). A government spokesman said that the bamboo curtain country would continue to increase the defense budget to meet its national security and military reforms. Also read: Jasa Pembuatan Visa China Indeed, China's defense spending ranks the second largest in the world after the United States.
President Donald Trump is asking for a defense budget of up to US $ 750 billion for 2019.
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