China maintains defense spending increase at 7.2%
Voice of America
Golden Dragon military exercise in Svay Chok village, Kampong Chhnang province, north of Phnom Penh, Cambodia, May 30, 2024. China will boost its defense spending by 7.2% this year.
China will boost its defense spending by 7.2% this year, maintaining a steady growth rate as Beijing faces headwinds from three years of sluggish economic expansion amid mounting geopolitical challenges from Taiwan to Ukraine.
Golden Dragon military exercise in Svay Chok village, Kampong Chhnang province, north of Phnom Penh, Cambodia, May 30, 2024. China will boost its defense spending by 7.2% this year.
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