China Plans Massive Hike In Military Spending
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
BEIJING (AP) – The People Republic of China’s military spending will jump 17.8 percent this year, the spokesman for the National People’s Congress said Sunday.
Jiang Enzhu told a news conference on the eve of the annual meeting of China’s legislature that military spending would hit nearly $45 billion in 2007, an increase of $6.8 billion over last year.
Mr. Jiang said most of the money would be spent on boosting wages and living allowances for the armed forces and upgrading armaments. He did not give any other details.
