China's military budget is set to
rise 7-8% in 2016 compared to last year, according to Fu Ying,
spokesman for the National People's Congress, the Associated
Press reported Friday.
It will be the smallest increase in six years, reflecting
slowing growth in the world's second-largest economy and a
drawdown of 300,000 troops as Beijing seeks to build a more
streamlined, modern military.
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