China says it will boost its defence budget in 2011

Gerald · 03-04-11, 07:04 AM

China is to increase its defence budget in 2011, amid fears in the region that its military might is growing.

Spending will increase by 12.7% to 601.1bn yuan ($91.5bn; £56.2bn) up from 532.1bn yuan last year, officials said.

Many analysts say China's actual spending on defence is far higher than the government reports.

The announcement comes a day ahead of the annual National People's Congress, at which the Communist Party will outline its five-year plan.

Military build-up.

http://www.bbc.co.uk/news/business-12631357

Note: 4 March 2011 Last updated at 08:16 GMT

Kazuaki Shimazaki II · 03-04-11, 09:10 AM

Generally, I have mixed feelings when it comes to China's military growth. On the one hand, 2% of GNP, even adding a unrevealed budget, is not exactly a disproportionate allocation, and the United States being the world's biggest military spender is in a weak position to complain.

On the other hand, it is already more than everyone else, and clearly offensively oriented. Regardless of any other defensive intentions, the goal is to have enough to OFFENSIVELY take a island with a reasonably capable military. This is something that would make even the US blink, and that means a LOT of threatening offensive power...

Gerald · 03-04-11, 02:42 PM

...And most people are well aware that China is spending much money on its defense

Jimbuna · 03-04-11, 04:32 PM

Anything we didn't know?

03-04-11, 07:04 AM	#1
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	China says it will boost its defence budget in 2011 China is to increase its defence budget in 2011, amid fears in the region that its military might is growing. Spending will increase by 12.7% to 601.1bn yuan ($91.5bn; £56.2bn) up from 532.1bn yuan last year, officials said. Many analysts say China's actual spending on defence is far higher than the government reports. The announcement comes a day ahead of the annual National People's Congress, at which the Communist Party will outline its five-year plan. Military build-up. http://www.bbc.co.uk/news/business-12631357 Note: 4 March 2011 Last updated at 08:16 GMT __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

03-04-11, 02:42 PM	#3
Gerald SUBSIM Newsman Join Date: May 2008 Location: Close to sea Posts: 24,254 Downloads: 553 Uploads: 0	...And most people are well aware that China is spending much money on its defense __________________ Nothing in life is to be feard,it is only to be understood. Marie Curie

03-04-11, 04:32 PM	#4
Jimbuna Chief of the Boat Join Date: Feb 2006 Location: 250 metres below the surface Posts: 190,461 Downloads: 63 Uploads: 13	Anything we didn't know? __________________ Wise men speak because they have something to say; Fools because they have to say something. Oh my God, not again!!

03-04-11, 09:10 AM	#2
Kazuaki Shimazaki II Ace of the Deep Join Date: Jan 2006 Posts: 1,140 Downloads: 5 Uploads: 0	Generally, I have mixed feelings when it comes to China's military growth. On the one hand, 2% of GNP, even adding a unrevealed budget, is not exactly a disproportionate allocation, and the United States being the world's biggest military spender is in a weak position to complain. On the other hand, it is already more than everyone else, and clearly offensively oriented. Regardless of any other defensive intentions, the goal is to have enough to OFFENSIVELY take a island with a reasonably capable military. This is something that would make even the US blink, and that means a LOT of threatening offensive power...