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Amid growing tensions on the Korean peninsula, China yet again finds itself at the centre of geopolitical uncertainties, this time as both a bridge and a moat between North Korea and the international community.
BEIJING (AP) — China on Tuesday 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.
BEIJING (AP) — China’s official growth target for this year is around 5%, Premier Li Qiang said Tuesday in an annual report on the government’s plans and performance that prioritized both security and the economy.
BEIJING -- China's annual defense spending is set to grow by 7.2% this year, well above the country's economic growth target of "around 5%."
BEIJING -- China on Tuesday set a gross domestic product growth target of "around 5%" for 2024, matching last year's goal even as economic challenges mount.
This is CNBC's live blog covering Asia-Pacific markets.
China is set to increase its defense spending by 7.2% in 2024, Reuters reported Tuesday, citing an official government work report released as part of the country's annual parliamentary meetings in Beijing.
Chinese officials will grab the opportunity of having the “Two Sessions” this week to gather opinions from lawmakers and business leaders about how to formulate China’s technology policy.