China is expected to increase its military expenditures by 12.6 percent this year, sources said yesterday, as it boosts its capability of using force to conquer Taiwan.
The rise in spending comes with Washington voicing concern that China's military build-up could tilt the strategic balance with Taiwan and also threaten US forces in Asia.
In his report to the upcoming annual session of the National People's Congress, Finance Minister Jin Renqing (金人慶) is expected to propose raising military spending this year to 244.65 billion yuan (US$29.5 billion), sources said.
China's stated military budget has increased by double digits over most of the last 15 years with defense spending rising by more than 17 percent in 2001 and 2002.
It fell to a 9.6 percent clip in 2003 before rising again to 11.6 percent last year.
According to the CIA, China's publicized military budget is "less than half of China's actual defense spending."
Other military analysts say China's actual defense spending could be up to three times more than its stated figure as Beijing does not include new arms purchases and weapons' research and development in the figures.
The US defense budget is about US$400 billion this year, while Japan's is about US$47 billion.
Meanwhile, an American photojournalist was kicked and beaten by police in Beijing after he tried to document citizens handing in complaints to the nation's parliament, he said yesterday.
"I was in front of the complaints office just observing how they were manhandling and harassing petitioners," Michael Reynolds, a photographer for the European Pressphoto Agency (EPA), said of the Wednesday afternoon incident.
"As soon as I whipped out my camera, they [police] immediately encircled me and began grabbing me and my camera," he said.
Also See Story:
MAC says `Beijing's new law a blank check for PLA
CHAOS: Iranians took to the streets playing celebratory music after reports of Khamenei’s death on Saturday, while mourners also gathered in Tehran yesterday Iranian Supreme Leader Ayatollah Ali Khamenei was killed in a major attack on Iran launched by Israel and the US, throwing the future of the Islamic republic into doubt and raising the risk of regional instability. Iranian state television and the state-run IRNA news agency announced the 86-year-old’s death early yesterday. US President Donald Trump said it gave Iranians their “greatest chance” to “take back” their country. The announcements came after a joint US and Israeli aerial bombardment that targeted Iranian military and governmental sites. Trump said the “heavy and pinpoint bombing” would continue through the week or as long
TRUST: The KMT said it respected the US’ timing and considerations, and hoped it would continue to honor its commitments to helping Taiwan bolster its defenses and deterrence US President Donald Trump is delaying a multibillion-dollar arms sale to Taiwan to ensure his visit to Beijing is successful, a New York Times report said. The weapons sales package has stalled in the US Department of State, the report said, citing US officials it did not identify. The White House has told agencies not to push forward ahead of Trump’s meeting with Chinese President Xi Jinping (習近平), it said. The two last month held a phone call to discuss trade and geopolitical flashpoints ahead of the summit. Xi raised the Taiwan issue and urged the US to handle arms sales to
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday said that it had confirmed on Saturday night with its liquefied natural gas (LNG) and crude oil suppliers that shipments are proceeding as scheduled and that domestic supplies remain unaffected. The CPC yesterday announced the gasoline and diesel prices will rise by NT$0.2 and NT$0.4 per liter, respectively, starting Monday, citing Middle East tensions and blizzards in the eastern United States. CPC also iterated it has been reducing the proportion of crude oil imports from the Middle East and diversifying its supply sources in the past few years in response to geopolitical risks, expanding
An Emirates flight from Dubai arrived at Taiwan Taoyuan International Airport yesterday afternoon, the first service of the airline since the US and Israel launched strikes against Iran on Saturday. Flight EK366 took off from the United Arab Emirates (UAE) at 3:51am yesterday and landed at 4:02pm before taxiing to the airport’s D6 gate at Terminal 2 at 4:08pm, data from the airport and FlightAware, a global flight tracking site, showed. Of the 501 passengers on the flight, 275 were Taiwanese, including 96 group tour travelers, the data showed. Tourism Administration Deputy Director-General Huang He-ting (黃荷婷) greeted Taiwanese passengers at the airport and