China’s air force shows off its L15 Falcon trainer at the 2022 Zhuhai Airshow. The country has an agreement to export this aircraft to the United Arab Emirates.
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BEIJING — China is expected to increase defense spending this year by 7.2% to 1.56 trillion yuan ($230 billion), according to a draft released by the Ministry of Finance on Sunday. Japan.
China’s defense budget up 7.1% last year to 1.45 trillion yuanfaster than growth of 6.8% in 2021 and 6.6% in 2020, according to official data.
In 2019, China’s defense spending increased 7.5% to 1.19 trillion yuan.
In a separate report Sunday on government work, Premier Li Keqiang made no mention of the Russia-Ukraine war. “We should commit to an independent peaceful foreign policy,” the report said.
The work report calls for “resolute steps to oppose ‘Taiwan independence'” while also following Beijing’s call for “peaceful reunification”.
Taiwan is a democratically governed self-governing island that Beijing claims as part of its territory.
