China’s Defence Spending Hides More Than It Reveals; Outstrips Combined Expenses Of India, Japan

The People’s Republic of China’s (PRC) annual National People’s Congress (NPC) ended last week. Like every year, the first day of the NPC was dominated by news about China’s defence expenditure. Its national budget projected that China’s defence spending is expected to rise to 1.45 trillion Yuan (US $229.47 billion) in 2022. Read More…