LONDON, BEIJING—China will increase its military budget in 2020 despite the possibility of dramatically reduced economic growth, maintaining pressure on neighboring countries to keep increasing their defense spending. The defense budget will rise by 6.6% to 1.268 trillion yuan ($179.2 billion)...
Subscription Required
Chinese Defense Spending To Rise Amid Slowing Economy is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.