China defense budget increases 7.2% as Beijing pushes for global heft and regional tensions continue
BEIJING — China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the rise of the last year. Tensions with the U.S., Taiwan, Japan and neighbors who share claims to the crucial South China Sea are […]