China has said it will increase its military spending by 14.7% this year to283.8bn yuan ($35.3bn; ÔøΩ20bn).

The BBC

China’s military budget jumps 14%
However, a spokesman for the Chinese parliament said much of the rise
would
be to cover fuel and salaries and that China was a “peace-loving
nation”.
Jiang Enzhu said the US spent a greater proportion of its economy on
defence
and that China had “no intention of vigorously developing armaments”.
The US has several times accused China of understating its military
budget.
Neighbours’ concerns
China’s armed forces are the biggest in the world and have seen
double-digit
increases in military spending since the early 1990s.
China is committed to a path of peaceful development
Jiang Enzhu
Chinese parliament spokesman
The increases have caused concern for neighbours Japan and Taiwan.
The US has also expressed fears over the spending on the 2.5m-strong
military.
Washington has several times accused China of understating its military
budget.
It said last year’s spend was not the $30bn stated but closer to $90bn.
China insists its spending is in line with rises in other governments.
Mr Jiang said: “China’s defence budget has risen in recent years along
with
the development of its economy.
“But the proportion of the budget given over to defence spending is
much the
same as in past years.”
China also says its military spending is dwarfed by the US. The US
department of defence had a base budget of $400bn in 2005.
Mr Jiang said China’s increases would go on salaries, new equipment,
training and higher fuel costs.
He added: “I wish to emphasise that China is a peace-loving nation.
China is
committed to a path of peaceful development.”
Copyright BBC NEWS:
Published: 2006/03/04 07:50:44 GMT


http://news.bbc.co.uk/go/pr/fr/-/1/hi/world/asia-pacific/4773358.stm

Leave a Reply

Your email address will not be published. Required fields are marked *