China has announced a 7.2% increase in defense spending this year, marking a consistent rise in military budget amidst economic challenges and geopolitical tensions. The total defense budget has more than doubled since 2013, maintaining China’s position as the world’s second-largest military spender after the U.S. This increase occurs despite recent corruption scandals within the military, emphasizing a commitment to modernization.

BEIJING (Reuters) – In a significant announcement, China has declared a 7.2% increase in its defense budget for this year, sustaining its steady growth trend in response to various economic and geopolitical pressures. Despite facing ongoing economic challenges, this budget increase reflects Beijing’s continuous commitment to military modernization in light of complex international scenarios ranging from Taiwan to Ukraine. The total defense budget has more than doubled since 2013, following the rise of President Xi Jinping.

China remains the world’s second-largest military spender, trailing behind the United States, which has proposed a military budget of $850 billion for 2025. This growth rate in defense spending contrasts sharply with China’s economic growth target of approximately 5% for this year, indicating a deliberate prioritization of military expansion. Such decisions underscore China’s ambitions amidst geopolitical tensions, even as the nation grapples with recent corruption scandals within the People’s Liberation Army (PLA).

These scandals, which have resulted in the downfall of two former defense ministers and a Central Military Commission member over the past two years, have not hindered Beijing’s resolve to enhance its military capabilities.

In conclusion, China’s 7.2% increase in defense spending reflects a steadfast commitment to military expansion despite economic challenges and corruption controversies. With military modernization as a priority, this budget increase is indicative of the country’s ambitions in an increasingly complex global landscape. By maintaining this trajectory, China is posturing itself strategically on the world stage amidst rising geopolitical tensions.

Original Source: www.usnews.com

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