China raises defense budget by 7.1% in 2022
By: Global Times | Published: Mar 05, 2022 08:05 PM
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