China Defence Budget

China boosts defence spending to $209 billion, over three times that of India

China is the second biggest spender of defence after the US, and plans to build a fully modern military on par with the United States by 2027

China hikes defence budget by 7.5 percent to $177.61 billion; country second highest spender in world

China, the world's second largest military spender after the US, Tuesday announced a 7.5 percent increase in its defence budget for this year, hiking it to a whopping $177.61 billion, over three times that of India.