World (AP)

China raises defense budget amid regional tensions and push for global clout, AP explains | AP News

China raises defense budget amid regional tensions and push for global clout, AP explains | AP News

China announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise of the last year. (AP video: Wayne Zhang)

China announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise of the last year. (AP video: Wayne Zhang)