China to Increase Military Spending
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BEIJING, March 4 -- China announced Sunday it will increase military spending at a sharply higher rate this year, budgeting a rise of nearly 18 percent, and a senior U.S. official immediately called for more clarity on what the expenditures are for.
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The United States urged China on Sunday  to be more transparent about its military build-up, in response  to Beijing's announcement it would boost defense spending by  17.8 percent this year.
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China is improving its capacity for launching surprise military attacks along its border areas, reflecting its view that preemption is necessary when confronting a more powerful enemy, the Pentagon said Friday.
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China will step up controls on investment in power plants, despite electricity shortages, to help ease pressure on coal supplies, state media reported Monday.
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BEIJING China&#39;s government will trim spending next year, increasing efforts to slow economic growth to a more sustainable pace, Deputy Finance Minister Lou Jiwei said.
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China is modernizing its military in ways that give it options for launching surprise attacks, potentially far from its borders, the Pentagon said Friday.
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The United States should "shut up" with its concerns about China's growing military spending because the increase is no threat, a Chinese ambassador said Thursday.
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China will selectively reduce spending to help trim its ballooning fiscal deficit, state media reported Monday, citing top economic officials.
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China's will boost defense spending by 17.8 percent in 2007, accelerating the emerging power's string of annual double-digit rises in money for a modern military that reflects its economic strength.
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Finance Minister Alexei Kudrin said Thursday that Russia plans a big increase in defense spending next year, with some extra money going to bigger cash allowances for soldiers.
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BEIJING - China said yesterday that it would submit information about its military spending and weapons trading to the United Nations, in what appears to be an effort to calm fears about its secretive and rapidly expanding armed forces.
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A new special report by China on its defence forces shows the countryâs military modernisation is targeted at rival Taiwan, the Taiwanese Defence Ministry claimed today.
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The increase prompted the U.S. to renew calls for more transparency about the intent of Chinaâs arms buildup.
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China is planning to build a new satellite launch site &#151; the country's fourth &#151; to boost its burgeoning space program, state media reported Sunday.
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Global military spending is   expected to hit $1.06 trillion this year, topping the record   set during the Cold War era, an international aid agency   reported on Friday.
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China is devoting more resources to its military and the Pentagon wants Beijing to be more open about its intentions.
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BEIJING China says it&#39;s modernizing its military because of &quot;new changes&quot; in the global balance of power. In a 100-page white paper, China says a key goal is to emphasize military technology, rather than manpower.