China on Sunday, March 5, announced a draft budget for 2023 which will see the country's annual defense budget rise to 1.5537 trillion yuan ($224.79 billion), an increase of 7.2 percent, remaining single-digit for the 8th consecutive year. Liu Xuanzun reports in Global Times.
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China's Defense Budget 2019-2023 (Graphic: Global Times)
China's Defense Budget 2019-2023 (Graphic: Global Times)
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