China will increase military expenses by 10% to $145 bln per annum
Almaty. March 4. KazTAG - China plans to increase its military expenses by 10%, reports the Russian service BBC.
"Beijing plans to increase the military expenses by 10% this year," reads the publication.
This way, the military budget of China will make up $145 bln a year.
The official representative of Chinese Government declared, the additional funds will go on the army modernization.
Experts believe that China has been investing into such highly-technological fields of military-industrial complex as submarines construction, stealth planes, while the real military budget is much higher.