China announces 7% boost in defence budget for 2026 in new report
China will grow its defence budget by 7% this year, the slowest increase since 2021. This is as the country lowers overall growth expectations. But analysts say the move is unlikely to affect Beijing’s military's modernisation drive. Deborah Wong reports.
China will grow its defence budget by 7% this year, the slowest increase since 2021. This is as the country lowers overall growth expectations. But analysts say the move is unlikely to affect Beijing’s military's modernisation drive. Deborah Wong reports.