China Announces 7.2% Increase in Military Spending
The expanded budget aims to modernize the military while tensions rise over Taiwan and other regional disputes.
- China's 2025 defense budget will grow by 7.2% to approximately 1.78 trillion yuan (231 billion euros), the second-largest in the world after the United States.
- President Xi Jinping has committed to building a 'world-class military' by 2049, emphasizing modernization and national sovereignty as priorities.
- The increased spending comes as China intensifies military activities around Taiwan, including naval exercises and airspace incursions.
- Regional disputes, such as territorial claims in the South China Sea and border tensions with India, are contributing to China's military expansion.
- China maintains its defense spending remains proportionally moderate at under 1.5% of GDP, significantly lower than the U.S., which allocates over 3%.