‘China announced a stunning hike in military spending; Japan worried’

“China on Friday announced a stunning 12.7 per cent increase in defense budget bringing the total allocation to $91.5 billion in 2011. This is higher than the 7.5% growth in defense expenses seen last year. ”

Read more here:

http://timesofindia.indiatimes.com/world/china/China-announced-a-stunning-hike-in-military-spending-Japan-worried/articleshow/7627730.cms#ixzz1FdplDTov

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