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Global Asia - - COVER STORY -

State sources project China’s an­nual growth in de­fense spend­ing in re­cent years to be 8.1 per­cent. But ac­cord­ing to SIPRI es­ti­mates, hid­den ex­penses add 50 per­cent to the over­all spend­ing. The to­tal bud­get for 2018 is about US$175 bil­lion, sec­ond only to the US.

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