China Increases its Defence Budget by 7.1% to $ 230 Billion
Amid the fierce war between Russia and Ukraine, there is a danger of war all over the world. In this episode, China has also intensified its preparations. It is reported that China has increased its defence budget by 7.1 percent. Last year, China had earmarked $209 billion for its defence budget. This time with the new increase, his defence budget will reach $ 230 billion.
Significantly, Russia's attack on Ukraine and NATO's silence have boosted China's intentions. After which the dragon is busy gathering strength because China's intention has always been to expand itself. He is also constantly planning an attack on Taiwan. Many times China has also demonstrated its power in the sky of Taiwan. In such a situation, after the invasion of Russia, his intention has also increased a lot.
Russia's attack on Ukraine has boosted China's intentions
Image Credit: AP/ File Photo
Talking about China's defence budget, according to the state-run newspaper China Daily, the National People's Congress (NPC) presented the draft of the budget on Saturday in which it was told that the Chinese government has proposed a defence budget of 1.45 trillion yuan for the fiscal year 2022, which is 7.1 percent more than the previous year. With this unaccounted money, China will be equipped with new weapons.
Three times than the defence budget of India
At the same time, after this increase, the defence budget of China has increased three times than the defence budget of India. Significantly, India's defence budget is currently around $ 70 billion which is much less than China. In this year i.e. 2022-23, India has spent 5.25 lakh crores in the total defence budget. Whereas, in the year 2021-22, the total defence budget of the country was 4.78 lakh crores. However, India has also increased the defence budget this year, but it is much less than China.
At the same time, last year China's defence budget was more than $ 200 billion. China is engaged in increasing its power to further strengthen its hold in Asia. Significantly, China's biggest challenge is from India, because it has a long-standing border dispute with India.
