China Announces Largest Military Spending Increase In 3 Years
Beijing says it will spend 8.1 percent more than last year on modernizing its military. The announcement comes amid continued tension between the U.S. and China in the South China Sea.
China on Monday announced the largest increase in three years to its defense budget, saying it would spend 8.1 percent more than the previous year as the country continues a push to modernize its military and expand its air
