Thursday, March 5, 2009

China says it will increase military spending by a "modest" 14.9%

More good news on the horizon...
From BBC:

...Analysts say defence spending is higher than the official figure, but Beijing says there are no hidden outlays.
"There is no such thing as so-called hidden military expenditure in China," said Mr Li at a news conference in Beijing. ...

How about that, the ChiComs have a sense of humor..

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