China's defence budget increases 850 percent over 20 years
5 years, 1 month ago

China's defence budget increases 850 percent over 20 years

India TV News  

China's defense budget has grown 850 percent in the last 20 years from USD 20 billion to USD 170 billion in 2018, a top Pentagon official told lawmakers on Thursday. "China's official defense budget has grown 850 percent over the past 20 years from USD 20 billion to USD 170 billion in 2018," Rood said in his testimony before the Senate Armed Services Committee. These delivery systems equipped with nuclear weapons give China several ways of reaching the United States, and exemplify China's large-scale effort to build larger and more capable forces armed with nuclear weapons, Rood said. The senior Pentagon official told lawmakers that Beijing's activities, such as militarisation of the South China Sea, development of offensive cyber and space capabilities, and legal and illicit efforts to acquire sensitive or advanced dual-use technologies to support its military objectives, are inconsistent with the rules-based international order, which has benefited all nations, including China.

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History of this topic

Japan’s defense ministry seeks record budget as it faces growing threat from China
4 months, 1 week ago

Japan’s defense ministry seeks record budget as it faces growing threat from China

Associated Press  

TOKYO — Japan’s Defense Ministry on Friday sought a record 8.5 trillion yen budget for the next year to fortify its deterrence on southwestern islands against China’s increasing threat. Japan has been rapidly building up the defense of the southwestern region in recent years amid China’s growing military threats and tension in the regional seas. It Japanese defense officials say …

India to spend 12.9% of Budget 2024 on defence. But how does it stack up against China?
5 months, 2 weeks ago

India to spend 12.9% of Budget 2024 on defence. But how does it stack up against China?

Firstpost  

The Centre has allocated Rs 6.21 lakh crore from the Union Budget to defence spending – up from 5.94 lakh crore in 2023. The defence ministry has kept aside Rs 1.05 lakh crore – 75 per cent of the modernisation budget – to buy from Indian firms. The Centre also increased the defence pension budget to Rs 1.41 lakh crore …

China's general budget expenditure up 2% in H1
5 months, 2 weeks ago

China's general budget expenditure up 2% in H1

China Daily  

Chinese 100 yuan banknotes are seen in a counting machine at a bank in Beijing. China's general public budget expenditure saw a year-on-year increase of 2 percent in the first six months of 2024, data from the Ministry of Finance showed on Monday. According to the ministry, the country's general public budget expenditure amounted to nearly 13.66 trillion yuan during …

Global defence budget: How much India, Pakistan and China spend on military? Top 10 list
8 months, 2 weeks ago

Global defence budget: How much India, Pakistan and China spend on military? Top 10 list

Hindustan Times  

Global military spending reached $2,443 billion in 2023, marking a significant 6.8 per cent increase from the previous year and the most significant year-on-year rise since 2009, according to new data from the Stockholm International Peace Research Institute. SIPRI report on global military spending | Key points • In 2023, total military expenditure accounted for 2.3 per cent of the …

China's new budget book reveals fiscal priorities for 2024
9 months, 3 weeks ago

China's new budget book reveals fiscal priorities for 2024

China Daily  

A woman shows banknotes and coins included in the 2019 edition of the fifth series of the renminbi. Greater fiscal input The ultra-long special treasury bonds to be issued over each of the next several years, along with other arrangements including budget deficits, special-purpose bonds, preferential tax and fee policies as well as government subsidies, mark the country's strengthened fiscal …

China ramps up defence budget by 7.2%, India will feel the heat
10 months ago

China ramps up defence budget by 7.2%, India will feel the heat

Hindustan Times  

New Delhi: With the Chinese annual defence budget crossing seven per cent for the third consecutive year even though the economy is slowing down, its political and military ramifications will be felt by its principal adversaries including India this decade. While India is involved in a four -year stand-off with the China on East Ladakh Line of Actual Control, the …

China raises defense budget by 7.2% as it pushes for global heft and regional tensions continue
10 months ago

China raises defense budget by 7.2% as it pushes for global heft and regional tensions continue

Associated Press  

BEIJING — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan, roughly mirroring last year’s rise. In the latest dangerous incident, Chinese coast guard ships blocked Philippine vessels off a disputed South China Sea shoal on Tuesday, causing a minor collision, the Philippine coast …

‘Two sessions’: China sets 5 percent growth target, boosts military budget
10 months ago

‘Two sessions’: China sets 5 percent growth target, boosts military budget

Al Jazeera  

Beijing sets one of its lowest targets in decades amid property crisis, slowing exports and population decline. Li said Beijing would push ahead with “transforming the growth model”, including through tax reform, fostering talent in tech, boosting domestic consumption, removing barriers to private investment, and issuing 1 trillion yuan in special government bonds. China’s economic roadmap, which matches last year’s …

China is building up its nuclear weapons arsenal faster than previous projections, a US report says
1 year, 2 months ago

China is building up its nuclear weapons arsenal faster than previous projections, a US report says

Associated Press  

WASHINGTON — A Pentagon report on China’s military power says Beijing is exceeding previous projections of how quickly it is building up its nuclear weapons arsenal and is “almost certainly” learning lessons from Russia’s war in Ukraine about what a conflict over Taiwan might look like. The report released Thursday also warns that China may be pursuing a new intercontinental …

Taiwan's Leader Says 2024 Defence Budget to Hit Record $19 Billion
1 year, 4 months ago

Taiwan's Leader Says 2024 Defence Budget to Hit Record $19 Billion

News 18  

Taiwanese President Tsai Ing-wen said Monday defence spending would reach a record 606.8 billion Taiwan dollars in 2024, a demonstration of the island’s “determination to ensure national security”. The proposed spending would be a 3.5 percent increase from 2023’s $586.3 billion Taiwan dollars, according to official data. The Chinese military launched massive military exercises last year after Nancy Pelosi, then-speaker …

GOP Alarms About Government Spending Don't Include Huge Military Budgets
1 year, 7 months ago

GOP Alarms About Government Spending Don't Include Huge Military Budgets

Huff Post  

LOADING ERROR LOADING WASHINGTON ― House Speaker Kevin McCarthy rejected cutting spending on the military even as he portrayed the rising debt as an existential threat to the nation that needed to be urgently addressed in negotiations with President Joe Biden. Republicans have demanded significant spending cuts in exchange for lifting the federal government’s “debt ceiling,” a legal limit on …

World military spending reaches all-time high of $2.24 trillion
1 year, 8 months ago

World military spending reaches all-time high of $2.24 trillion

Al Jazeera  

Surge in spending reflects Russia-Ukraine war and ‘increasingly insecure world’, according to leading think tank. World military spending reached an all-time high of $2.24 trillion in 2022, as Russia’s invasion of Ukraine fuelled a sharp jump in military spending across Europe, according to a leading defence think tank. “While the full-scale invasion of Ukraine in February 2022 certainly affected military …

China readying for Taiwan takeover? Xi hikes defence budget for 8th year in a row
1 year, 10 months ago

China readying for Taiwan takeover? Xi hikes defence budget for 8th year in a row

Firstpost  

China has increased its defence budget to 1.55 trillion yuan this year, up from 1.45 trillion yuan last year Beijing: Amid ongoing tensions with the US and the European nations, the latest being Germany’s threats against providing weapons to Russia against Ukraine, China has increased its defence budget for the eighth straight year. China has hiked its defence budget by …

China forecasts 5% growth for 2023, budgets $224 billion for defence
1 year, 10 months ago

China forecasts 5% growth for 2023, budgets $224 billion for defence

Hindustan Times  

Beijing: China on Sunday pegged its growth target for 2023 at “around 5%” as the pandemic-hit economy looks to bounce back from three years of Covid-19 restrictions, which put millions under frequent lockdowns, slowed consumption and pushed down the country’s growth to 3%, its slowest in decades, last year. Outgoing Premier Li Keqiang announced the target in a speech to …

China expands defense budget 7.2%, marking slight increase
1 year, 10 months ago

China expands defense budget 7.2%, marking slight increase

Associated Press  

China on Sunday announced a 7.2% increase in its defense budget for the coming year, up slightly from last year’s 7.1% rate of increase. In his report Sunday to the annual session of China’s rubber-stamp parliament, Premier Li Keqiang said that over the past year, “We remained committed to the Party’s absolute leadership over the people’s armed forces.” “The people’s …

China boosts defence budget by 7.2% amid 'security challenges'; Where does India stand?
1 year, 10 months ago

China boosts defence budget by 7.2% amid 'security challenges'; Where does India stand?

India TV News  

China's defence budget: China, which has been facing an economic slowdown, has announced to increase in the defence budget by 7.2 this year. China sets economic growth at around 5% The top economic official set this year’s growth target at “around 5%” following the end of anti-virus controls that kept millions of people at home and triggered protests. According to …

Japan OKs new budget incl. hefty arms cost to deter China
1 year, 10 months ago

Japan OKs new budget incl. hefty arms cost to deter China

Associated Press  

TOKYO — The lower house of Parliament approved Tuesday a budget for the coming fiscal year that includes a record 6.8 trillion yen in defense spending, part of Japan’s effort to fortify its military as China’s influence in the region grows. “The improvement of childcare has been neglected for more than 10 years,” Chinami Nishimura, a lawmaker with the opposition …

How Far Can China’s Defense Technology Reforms Go?
2 years ago

How Far Can China’s Defense Technology Reforms Go?

The Diplomat  

“We will improve the system and layout of science, technology, and industries related to national defense and step up capacity building in these areas,” Chinese leader Xi Jinping stressed in his report to the Chinese Communist Party ’s 20th National Congress on October 16. The Nature of China’s Defense S&T Institutes Although China’s technology R&D system includes government research units, …

Japan unveils record defence budget amid regional security fears
2 years ago

Japan unveils record defence budget amid regional security fears

Al Jazeera  

The cabinet’s nod for a 20-percent rise in military spending is a deviation from pacifist post-WWII self-defence policy. Japan will boost its defence budget for 2023 to a record 6.8 trillion yen, or a 20-percent increase, in the face of regional security concerns and threats posed by China and North Korea. Prime Minister Fumio Kishida’s cabinet approved the budget on …

Japan Approves Biggest Military Build-Up Since World War II To Counter Growing Threats From China: Report
2 years ago

Japan Approves Biggest Military Build-Up Since World War II To Counter Growing Threats From China: Report

ABP News  

Japan has approved its largest military buildup since World War II, declaring that China posed the "greatest strategic challenge ever" and laying out plans for a counter-strike capability supported by record defence spending, The Guardian reported. Japan will also obtain new weapons capable of striking enemy sites 1,000 kilometres away with land or sea-launched missiles, a move that some feel …

China security forces are well-prepared for quashing dissent
2 years, 1 month ago

China security forces are well-prepared for quashing dissent

Associated Press  

BEIJING — When it comes to ensuring the security of their regime, China’s Communist Party rulers don’t skimp. After an initially muted response, with security personnel using pepper spray and tear gas, police and paramilitary troops flooded city streets with jeeps, vans and armored cars in a massive show of force. The government responded with overwhelming force in 2008, when …

China security apparatus well honed to deal with protests
2 years, 1 month ago

China security apparatus well honed to deal with protests

The Independent  

Get Nadine White's Race Report newsletter for a fresh perspective on the week's news Get our free newsletter from The Independent's Race Correspondent Get our free newsletter from The Independent's Race Correspondent SIGN UP I would like to be emailed about offers, events and updates from The Independent. After an initially muted response, with security personnel using pepper spray and …

China to increase nuclear warheads to 1,500, Pentagon warns
2 years, 1 month ago

China to increase nuclear warheads to 1,500, Pentagon warns

Associated Press  

WASHINGTON — China is expanding its nuclear force and is on pace to nearly quadruple the number of warheads it has by 2035, rapidly closing its gap with the United States, the Pentagon said in a report released Tuesday. Beijing’s growing arsenal is creating uncertainty for the U.S. as it navigates how to deter two nuclear powers, Russia and China, …

China to increase nuclear warheads to 1,500, Pentagon warns
2 years, 1 month ago

China to increase nuclear warheads to 1,500, Pentagon warns

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. We can’t assume that if they have more capabilities, that their policy is going …

Taiwan unveils record defence budget amid tensions with China
2 years, 4 months ago

Taiwan unveils record defence budget amid tensions with China

Al Jazeera  

Taiwan has unveiled plans for a record boost in defence spending, weeks after China staged unprecedented military exercises around the democratically governed island. The 13.9 percent spending increase, which includes funding for new fighter jets and other equipment, would take the total defence budget to a record 586.3 billion New Taiwan dollars, or about 15 percent of total government expenditure. …

Biden proposes USD 1.8 billion for Indo-Pacific strategy as part of annual defence budget
2 years, 9 months ago

Biden proposes USD 1.8 billion for Indo-Pacific strategy as part of annual defence budget

The Hindu  

US President Joe Biden on Monday proposed USD 1.8 billion to support his Indo-Pacific Strategy along with another USD 400 million to counter the malign Chinese behaviour. Both are part of the USD 773 billion annual defence budget of the US for the year 2023, which was submitted by the White House to the Congress as part of its annual …

Taiwan holds its breath as China ramps up firepower
2 years, 9 months ago

Taiwan holds its breath as China ramps up firepower

The Telegraph  

Xi Jinping proudly surveyed the rows of troops, tanks and missiles assembled in the centre of Beijing to mark the 70th anniversary of the People’s Republic of China. The Chinese president then drove through displays of tanks and ballistic missiles, inspecting his forces in the country’s largest ever military parade. Last Friday, US president Joe Biden told leaders of Nato …

China’s Defence Spending Hides More Than It Reveals; Outstrips Combined Expenses of India, Japan
2 years, 9 months ago

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

News 18  

The People’s Republic of China’s annual National People’s Congress ended last week. The People’s Liberation Army’s defence spending has increased by at least 6.6 per cent every year since the past three decades, and its defence expenditure has increased nearly six-fold in the past two decades. However, China is not the only country to hide its defence expenditure, as India …

China ups defence budget but Anand Mahindra says ’size doesn’t matter’. See post
2 years, 10 months ago

China ups defence budget but Anand Mahindra says ’size doesn’t matter’. See post

Live Mint  

The ongoing war between Russia and Ukraine and the increase in China's defence budget has shaken the geopolitics severely. While Russia's invasion of Ukraine has upended the lives of millions of people, especially Ukrainians, a jump in China's defence budget has raised a red flag for India. Amid the reports around global conflicts and China's defence budget, the chairman of …

From Germany to China, how Russia-Ukraine conflict is forcing the world to ramp up defence budgets
2 years, 10 months ago

From Germany to China, how Russia-Ukraine conflict is forcing the world to ramp up defence budgets

Firstpost  

Russia’s invasion of Ukraine has prompted many countries to hike their defence budgets. Romania: President Klaus Iohannis said that his country would push defence spending to 2.5 per cent of GDP, from the current 2 per cent mark. China: Beijing too has increased its defence spending in 2022 by 7.1 per cent to $229 billion, up from a 6.8 per …

China to raise defense spending by 7.1% to $229 billion
2 years, 10 months ago

China to raise defense spending by 7.1% to $229 billion

Associated Press  

BEIJING — China on Saturday announced a 7.1% increase in defense spending in 2022 to $229 billion, continuing years of robust spending on its increasingly powerful military that is challenging the U.S. armed forces’ dominance in the Indo-Pacific region. During a meeting between Xi and Russian President Vladimir Putin in Beijing early last month, Xi endorsed Russia’s objections to further …

China says military spending to grow 7.1 percent in 2022
2 years, 10 months ago

China says military spending to grow 7.1 percent in 2022

Deccan Chronicle  

BEIJING: China's military budget -- the second-largest in the world after the United States -- is set to increase by 7.1 percent in 2022, Beijing announced on Saturday. During a speech opening the annual session of China's rubber-stamp parliament, Li said Beijing would "enhance military training and combat readiness, stay firm and flexible in carrying out military struggle, and safeguard …

Defence Diary: Too Much Focus on China Game PLAN; Why Navy Should Get Bigger Slice of Budget Pie
2 years, 11 months ago

Defence Diary: Too Much Focus on China Game PLAN; Why Navy Should Get Bigger Slice of Budget Pie

News 18  

It’s that time of the year when government officials indulge in aggressive discussions behind the closed doors of South Block over the exact funds that should be earmarked for the Indian Armed Forces in the next financial year. For instance, in 2020-21, the revised estimates and the actual expenditure of the Navy were Rs 37,542 crore and about Rs 41,600 …

US military spending grows as policy shifts to ‘prioritise China’
3 years ago

US military spending grows as policy shifts to ‘prioritise China’

Al Jazeera  

Progressive legislators question massive US defence budget, which officials say is necessary amid China competition. Washington, DC – Months after US President Joe Biden’s administration pulled the last American troops out of Afghanistan as part of his promise to end the country’s “forever wars“, the United States Congress approved a $777.7bn defence budget, a five percent increase from last year. …

Taiwan plans to spend $1.4 billion on new fighter jets amid rising China military activity
3 years, 4 months ago

Taiwan plans to spend $1.4 billion on new fighter jets amid rising China military activity

CNN  

Taiwan announced a modest pace in defense spending for next year on Thursday, but will spend $1.4 billion on new fighter jets, as the island bolsters its forces in the face of increased pressure from Beijing. China has stepped up its military activity near Taiwan, including holding assault drills last week near the island, which it regards as Chinese territory …

China boosts defence spending to $209 billion, over three times that of India
3 years, 10 months ago

China boosts defence spending to $209 billion, over three times that of India

Firstpost  

Beijing: China on Friday hiked its defence budget for the first time to more than US $200 billion, over three times higher than that of India, maintaining a single-digit growth for the sixth consecutive year with a 6.8 percent increase in 2021. This year’s planned defence spending will be about 1.35 trillion yuan, state-run Xinhua news agency reported, adding that …

China hikes defence budget to USD 209 billion, 6.8 per cent increase
3 years, 10 months ago

China hikes defence budget to USD 209 billion, 6.8 per cent increase

India TV News  

China on Friday hiked its defence budget to USD 209 billion, maintaining a single-digit growth for the sixth consecutive year with a 6.8 per cent increase in 2021. China’s annual defence budget maintains a single-digit growth for a sixth consecutive year, state-run Xinhua news agency reported. China's defence budget is about one quarter of the US figure, which is USD …

Defence Budget 2021: Myths and Realities of the defence budget infrastructure
3 years, 11 months ago

Defence Budget 2021: Myths and Realities of the defence budget infrastructure

The Quint  

“Immense expense is mainly in defence” has a pleasing rhyme but does not reflect reality. The reality is that the total allocation for defence in the Union Budget 2021-22 is Rs 4.78 lakh crore including defence pensions, which is a marginal hike compared to Rs 4.71 lakh crore last year, a paltry increase of 1.48 percent as compared to 1.82 …

Defence Budget 2021: Increased capital expenditure much-needed step in context of rising Chinese threat
3 years, 11 months ago

Defence Budget 2021: Increased capital expenditure much-needed step in context of rising Chinese threat

Firstpost  

While the defence Budget presented on Monday reflected only a minor hike in allocation, a reflection of the heightened tensions along the Line of Actual Control could be seen in unbudgeted spending and an increased push towards capital expenditure. In a tweet, Defence Minister Rajnath Singh thanked Prime Minister Narendra Modi and Sitharaman for increasing the defence Budget to Rs …

Budget 2021: Small increase in defense spending even as China standoff simmers
3 years, 11 months ago

Budget 2021: Small increase in defense spending even as China standoff simmers

Live Mint  

India increased its defense spending by about 1%, throwing the timing of its military modernization program into doubt while it faces a protracted standoff with China along their disputed Himalayan border. India’s expenditure is about a quarter that of China’s -- in May 2020, Beijing announced a yearly defense budget $178.6 billion, according to data from the Center for Strategic …

Union Budget 2021: Higher spending for defence sector expected
3 years, 11 months ago

Union Budget 2021: Higher spending for defence sector expected

India Today  

Finance Minister Nirmala Sitharaman is presenting the Union Budget 2021-22 to provide relief to the country, ravaged by the coronavirus pandemic, and also generously focuses on defence amid the rising tensions with China. Follow Budget 2021 Live Updates As tensions with China continue to escalate, in the wake of the violent standoff in Ladakh with China back in June 2020 …

China's Military Lays Out Technology Roadmap to Catch Up with the US by 2027: Report
4 years, 1 month ago

China's Military Lays Out Technology Roadmap to Catch Up with the US by 2027: Report

News 18  

China must apply cutting-edge technologies such as artificial intelligence if it wants to transform its military into a modern fighting force on a par with those of other leading powers, according to new guidelines and comments from President Xi Jinping and other officials. Recent key conclave of the ruling Communist Party of China has finalised plans to build a fully …

China is aiming to double the size of its nuclear arsenal, Pentagon report says
4 years, 4 months ago

China is aiming to double the size of its nuclear arsenal, Pentagon report says

CNN  

Washington CNN — China is attempting to at least double the number of nuclear warheads in its arsenal in the next decade and its military has already equaled or surpassed the United States in a series of key areas, according to a new Pentagon report released Tuesday. “Over the next decade, China’s nuclear warhead stockpile—currently estimated to be in the …

The People’s Liberation Army is strong. But it has four weaknesses
4 years, 5 months ago

The People’s Liberation Army is strong. But it has four weaknesses

Hindustan Times  

The People’s Republic of China will be celebrating the 93rd founding anniversary of the People’s Liberation Army on August 1. PLA also has operational gaps such as limited strategic airlift and open-sea refuelling capabilities, limited overseas military bases, lack of joint operations capabilities and the lack of a rotational system within lower-ranked officers In its recent history, it had two …

China hikes defence budget to USD 179 billion, nearly three times that of India
4 years, 7 months ago

China hikes defence budget to USD 179 billion, nearly three times that of India

India TV News  

China, the second-largest military spender after the US, has hiked its defence budget from last year's 177.6 billion to USD 179 billion, nearly three times that of India, the lowest increment in recent years apparently due to the heavy disruption caused to its economy by the COVID-19, according to the official media. China''s this year's defence budget will be around …

Defense budget increase is lowest in 32 years
4 years, 7 months ago

Defense budget increase is lowest in 32 years

China Daily  

People's Liberation Army soldiers attend the opening ceremony of the joint training at a military training field in Cambodia's Kampot province, on March 15, 2020. The central government proposed an annual defense budget of about 1.27 trillion yuan, a 6.6 percent rise on the last budget, according to the draft to be deliberated on at the third session of the …

Budget 2019: Military modernisation likely to take backseat amid tight finances
5 years, 6 months ago

Budget 2019: Military modernisation likely to take backseat amid tight finances

India Today  

India is likely to stick to a modest rise in defence spending in the 2019/2020 budget due on Friday because of tight government finances, officials said, further delaying a long-planned military modernisation programme. But these plans have been on hold for years because governments have not been able to set aside large sums and most of the defence expenditure goes …

China hikes defence budget by 7.5 percent to $177.61 billion; country second highest spender in world
5 years, 10 months ago

China hikes defence budget by 7.5 percent to $177.61 billion; country second highest spender in world

Firstpost  

China, the world’s second largest military spender after the US, Tuesday announced a 7.5 percent increase in its defence budget for this year, hiking it to a whopping $177.61 billion, over three times that of India. Beijing: China, the world’s second largest military spender after the US, Tuesday announced a 7.5 percent increase in its defence budget for this year, …

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