BFM Podcast

China's Growing Military Might

Tan KW
Publish date: Mon, 12 Mar 2018, 12:03 PM

Ridzwan Rahmat, Principal Defense Analyst, Jane’s by IHS Markit

12-Mar-18 08:35

Last week, China announced that its defense expenditure in 2018 would be over 1.1 trillion yuan - that’s about 684 billion ringgit. This year’s defense budget marks an 8% increase from last year. It’s only slightly more than the 7% hike seen in 2017, but it’s possibly the largest spending in the last 3 years.



 

Presented by: Melisa Idris

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment