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China hikes defence budget to $179 bn; nearly three times that of India
China, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6% in 2020
Top headlines: RBI slashes repo rate, KKR picks up stake in Jio, and more
Business Standard brings the top headlines of the day
China's defence budget has risen 850% in 20 years: Pentagon official
Chinese development of nuclear capabilities is extensive
At $177.6 bn, China's 2019 defence budget is over 3 times that of India
China's defence spending moved closer to the $200 billion mark, making it the highest spender on defence after the United States
China boosts defence spending to $175 bn, three times that of India's
China has the world's largest standing Army and spends the most on defence after the US in the world
China's defence budget up 7%, now thrice India's
Increase ignores Trump's sabre-rattling and $54 billion spending request
China's defence spending in 2017 to rise around 7 per cent
China's defence spending will remain around 1.3 per cent of the country's GDP