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China targets 7.2 percent defence budget hike, 5 percent growth despite trade war with US
Beijing, March 6: Even as China faces a potential Trade War over tariffs with the United States, Beijing has pledged to make domestic demand its main economic driver. It has its annual growth targets to about 5 percent, and along with that, it has called for a 7.2 defence budget hike due to rising regional tensions.
Taiwan urges Beijing to exercise 'self-restraint' amid hike in Chinese defence budget
Taipei, March 6: Taiwan has called for "reason and self-restraint" following reports that China would increase its military spending by 7.2 per cent in 2025, according to local media reports.