Skip to main content

China To Increase Defense Budget By 12.2% In 2014

China plans to raise its defense budget by 12.2% to 808.2 billion yuan (US$132 billion) this year, according to a budget report to be reviewed by the national legislature on Wednesday.
In 2013, the country spent 720.2 billion yuan (US$117.4 billion) on national defense, a 10.7% increase from the previous year.

Chinese defense ministry spokesperson Geng Yansheng
Chinese defense ministry spokesperson Geng Yansheng
Double-digit growth in China's defense budget in recent years has caused some concerns from western countries. But experts said China's military expenditure is moderate and in line with the country's economic conditions.
Yin Zhuo, director of the Expert Consultation Committee of the People's Liberation Army Navy, said the country's military spending is still far from the level it needs to be as it faces increasingly severe security challenges.
Although the rise in the defense budget in the past three years has surpassed GDP growth, the spending's share in GDP, which came in at 1.4%, is still far below the world average of 3%, Yin said.

A report released by London's International Institute for Strategic Studies showed the United States remained the world's biggest defense spender last year, with a budget of US$600.4 billion in 2013.

Comments

Popular posts from this blog

Pakistani JF-17 A Thunder OR A Blunder

Pakistan has witnessed new defense acquisitions in this decade than any other, and in the center of it all is the new fighter which was designed by China with partial funding from Pakistan. It is formally known as JF-17 Thunder. When the fighter was in development, Pakistani online communities were jumping with excitement comparing it with its arch rival India’s modern combatants Su-30MKI, Mig-29S & Mirage-2000H. There were claims of it featuring western Radars and long range missiles, & Chinese ordering some due to its superior capabilities. But the reality is far from it. China having spent significant amount of money into a fighter which it is never going to use, most probably forced Pakistan to accept its avionics to offset some its development costs. Chinese who are known for their self reliance first and quality next, are further downgrading JF-17s capabilities with their poorly copy-pirated avionics. Along with their dubious weapons, any chance of JF...

India Planned Attack On Pak Navy Mehran Base To Kill Chinese Engineers

The terrorist attack on Karachi's Mehran Naval Station on May 22 was conceived and launched by India with the primary objective of killing the Chinese engineers present there, a Pakistani newspaper has claimed, citing 'informed sources'. Four to six Taliban terrorists had entered PNS Mehran on May 22, destroying two maritime surveillance aircraft and killing ten military personnel during their 17-hour siege of the naval air base. "India is the only country in the region that feels troubled by the Pakistan Navy, which had awfully beaten the Indian Navy in Operation Dwarka of 1965. Since then, it has been an earnest desire of India to harm the Pakistan Navy but it was perhaps not possible on the battle front, hence it struck the PNS Mehran," The News quoted sources as saying.

Pakistani F-16s Shoot Down RAF Eurofighter Typhoons During Air Combat Exercises In Turkey

Pakistani pilots flying modernised versions of the 1970s-vintage F-16 Falcon fighter have beaten the RAF's brand-new Eurofighter Typhoon superfighters during air combat exercises in Turkey, according to a Pakistani officer. Analysis: The RAF Typhoon, formerly known as the Eurofighter, should nonetheless have been vastly superior in air-to-air combat whether BVR or close in within visual range (WVR). The cripplingly expensive, long-delayed Eurofighter was specifically designed to address the defects of its predecessor the Tornado F3 – famously almost useless in close-in, dogfighting-style air combat. The Typhoon was meant to see off such deadly in-close threats as Soviet "Fulcrums" and "Flankers" using short-range missiles fired using helmet-mounted sight systems: such planes were thought well able to beat not just Tornados but F-16s in close fighting, and this expectation was borne out after the Cold War when the Luftwaffe inherite...