China defends massive growth in military spending
BEIJING (AP) - China defended its booming military spending on Monday, saying vast investments in the armed forces have contributed to global peace and stability, despite concerns among the US and Beijing’s Asian neighbours over sharpening territorial disputes.
However, in a break with previous years, no figure for this year’s defence budget was presented at a news conference held on Monday, the eve of the annual legislative session.
Spokesman Fu Ying said the figure would appear in the overall budget to be released on Tuesday.
Approving the budget is among the key tasks of the session, which this year will see new leaders placed into top government positions after they were elevated at November’s Communist Party congress.