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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

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China's this year's defence budget will be around 1.27 trillion yuan (about $179 billion) against last year's 177.61 billion

BS Web Team Agencies

4 min read Last Updated : May 23 2020 | 10:06 AM IST

China, the second-largest military spender after the US, has hiked its defence budget from last year's 177.6 billion to $179 billion, nearly three times that of India, the lowest increment in recent years apparently due to the heavy disruption caused to its economy by the Covid-19, according to the official media.

China, which has the world's largest military of two million troops, will continue to lower its defence budget growth rate to 6.6 per cent in 2020, according to a draft budget report presented on Friday to National People's Congress (NPC), the country's top legislature.

The 2020 defence budget continues

Topics : china defence budget India Defence budget

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