BEIJING: China’s military spending will rise 12.7 per cent in 2011 to about $91.5 billion, a parliamentary spokesman said on Friday, resuming a long string of double-digit annual increases after an unexpected slowdown in 2010. Li Zhaoxing announced the increase as the National People’s Congress, the quasi-legislature, prepared to open its annual session Saturday.
BEIJING—Japan expressed concern over China's planned double-digit rise in defense spending this year, highlighting trepidation in the region about China's escalating military and economic might after a week of fresh Chinese territorial confrontations with Japan, South Korea and the Philippines.
Japan Foreign Minister Seiji Maehara urged the Chinese government to be more transparent about how it planned to use its newfound military firepower, saying, "Whether it should be regarded as offensive or defensive would require a close look."
The comments came after China announced plans early Friday to increase its defense budget by 13% this year and as the week's clashes built on concerns that China will increasingly use its escalating military power to assert its territorial claims in the region
Such fears have prompted many of its neighbors to to shore up defense ties with the U.S. and beef up their own militaries, threatening to push Asia into a new arms race.
See if we Voted 1 China then we wouldn't need to spend gazillions of $$$'s on that BS and we could spend the entire worlds current defence budget on something FAR MORE WORTHY...like fusion power stations ect.
How many hospitals and schools would that build?
Wouldn't we all prefer to spend those $'s that just kill people on something far more noble?