CHINA / CHINA GRAPHIC
China's Defense Budget 2012-2021
By Global Times Published: Mar 05, 2021 11:09 AM Updated: Mar 05, 2021 12:20 PM
China increased its 2021 defense budget by 6.8 % to 1.35 trillion yuan ($209 billion) in a quicker pace than last year’s 6.6% growth, which analysts believe is normal, steady and restrained as China resiliently emerges from COVID-19 pandemic.

China increased its 2021 defense budget by 6.8 % to 1.35 trillion yuan ($209 billion) in a quicker pace than last year’s 6.6% growth, which analysts believe is normal, steady and restrained as China resiliently emerges from COVID-19 pandemic.