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05/20/2022

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China raises defense budget by 7.1% in 2022

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China raises defense budget by 7.1% in 2022

1 min read

China has raised its defense budget by 7.1% in 2022, more than 6.8% from last year. Analysts say its reasons include:

-8.1% GDP growth in 2021
-Military threats from the US & allies
-Taiwan secessionists’ provocations

Tags: People's republic of China

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