China boosts defence spending, rattling its neighbours' nerves


  • World
  • Sunday, 04 Mar 2018

Military delegates arrive for the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing, China March 5, 2018. REUTERS/Damir Sagolj

BEIJING (Reuters) - China unveiled its largest rise in defence spending in three years on Monday, setting a target of 8.1 percent growth for this year, fuelling an ambitious military modernisation programme and making its neighbours nervous.

The 2018 defence budget will be 1.11 trillion yuan ($175 billion), according to a report issued at the opening of China's annual meeting of parliament.

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