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Friday, March 4, 2016, Falgun 21, 1422 BS, Jamadiul Awwal 23, 1437 Hijri

China set to hike military spending
Published :Friday, 4 March, 2016,  Time : 12:00 AM  View Count : 30

BEIJING, Mar 3 : China appears set to substantially hike its defence budget - a move that may have been triggered by the growing tensions in the South China Sea with the U.S., and rising cost of end-of-service payments to troops.
The Hong Kong-based South China Morning Post (SCMP) quoted a source in the People's Liberation Army (PLA) as saying that the defence budget, expected to be announced by the National People's Congress (NPC) when it convenes for a legislative session on Saturday, could be hiked by as much as 20pc.      ?THE HINDU

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