China to boost military spending

**Jason** · 03-05-2009, 08:52 PM

China says it will increase military spending by a "modest" 14.9% this year to 480.6bn yuan ($70.2bn; £50bn).

The money will pay for better salaries, modernisation, and "capacity building programmes" including counter-terrorism and disaster relief, a spokesman said.

China's military is for self-protection and does not pose a threat to any country, said official Li Zhaoxing.

Analysts say defence spending is higher than the official figure, but Beijing says there are no hidden outlays.

"There is no such thing as so-called hidden military expenditure in China," said Mr Li at a news conference in Beijing.

http://news.bbc.co.uk/1/hi/world/asi...ic/7922699.stm

**Chode** · 03-06-2009, 05:35 PM

Quote:

Originally Posted by Jason

China says it will increase military spending by a "modest" 14.9% this year to 480.6bn yuan ($70.2bn; £50bn).

The money will pay for better salaries, modernisation, and "capacity building programmes" including counter-terrorism and disaster relief, a spokesman said.

China's military is for self-protection and does not pose a threat to any country, said official Li Zhaoxing.

Analysts say defence spending is higher than the official figure, but Beijing says there are no hidden outlays.

"There is no such thing as so-called hidden military expenditure in China," said Mr Li at a news conference in Beijing.

http://news.bbc.co.uk/1/hi/world/asi...ic/7922699.stm

The CIA estimates that China really spends around twice the publicized figures on their military, but I'm sure that's just confusion about the exchange rate.

k2skier · 03-07-2009, 07:32 AM

Cool...rockets that blow up on the launching pad, ha ha. Someday sometime, long, long from now, the inhabitants of this planet might get a clue and stop spending so much time and money on trying to kill off each other...maybe.

03-05-2009, 08:52 PM	#1 (permalink)
Jason Faugh a ballagh Join Date: Dec 2001 Location: Pasco, FL Posts: 8,477 OS: Windows Vista My System Blog Entries: 2	China to boost military spending China says it will increase military spending by a "modest" 14.9% this year to 480.6bn yuan ($70.2bn; £50bn). The money will pay for better salaries, modernisation, and "capacity building programmes" including counter-terrorism and disaster relief, a spokesman said. China's military is for self-protection and does not pose a threat to any country, said official Li Zhaoxing. Analysts say defence spending is higher than the official figure, but Beijing says there are no hidden outlays. "There is no such thing as so-called hidden military expenditure in China," said Mr Li at a news conference in Beijing. http://news.bbc.co.uk/1/hi/world/asi...ic/7922699.stm __________________ Posting Tips \| Advice for New People \| Common Fixes \| Agus na damnaithe fágtha gan focal Glaoigh ormsa i measc na naomh

03-07-2009, 07:32 AM	#3 (permalink)
k2skier Registered User Join Date: Sep 2008 Location: Oregon Posts: 313 OS: XP Home-SP3 My System	Re: China to boost military spending Cool...rockets that blow up on the launching pad, ha ha. Someday sometime, long, long from now, the inhabitants of this planet might get a clue and stop spending so much time and money on trying to kill off each other...maybe.