China: lowest defence budget growth in years
Taiwan
A shift has occurred in Chinese policy. Beijing is facing obstacles and reassessing its previous actions. “We are aware of the difficulties and challenges. The changing external environment and geopolitics are having a deeper impact on China, while domestic development continues to encounter both old problems and new challenges,” Prime Minister Li Qiang declared on March 5 during the opening of the annual session of the National People’s Congress (NPC) . Defense spending is set to increase by 7%
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