China raises defence budget to $230 billion, 3 times that of India

The Chinese government has proposed the defence budget for the fiscal year 2022 at 1.45 trillion yuan (USD 230 billion), a 7.1 per cent year on year increase, according to the draft budget proposals presented by Premier Li Keqiang to the National People's Congress (NPC), the country's parliament on Saturday. Via Times of India https://ift.tt/zLmkSG9