China to raise defence spending by 7.5%, lower than 2018.
China announced Tuesday a 7.5 percent increase in military spending in 2019, lower than last year as the country faces an economic slowdown.
China is the world's second-biggest military spender but remains far behind the United States, which budgeted $716 billion for defence in 2019. Beijing has not posted double-digit increases in spending since 2015. The spending plan comes as Beijing steps up its rhetoric against any independence movements in self-ruled Taiwan and continues to assert its vast territorial claims in the disputed South China Sea.But NPC spokesman Zhang Yesui said China's military spending"doesn't pose a threat to other countries."
China has built a second aircraft carrier -- its first domestically manufactured one -- and has put it through sea trials in recent months as it prepares to put it into operation.
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