China says defense budget to rise 8.1 percent in 2018

China says defense budget to rise 8.1 percent in 2018BEIJING (AP) — China’s defense budget will rise 8.1 percent to 1.1 trillion yuan ($173 billion) this year as the country prepares to launch its second aircraft carrier, integrate stealth fighters into its air force and field an array of advanced missiles able to attack air and sea targets at vast distances.


Source: Yahoo! News