- China increases its defense spending by 6.8% for fiscal 2021.
- The country plans to upgrade the armed forces despite the high government debt and impact of COVID-19.
- China is known for having the second-largest defense budget in the world behind the U.S.
- China has around 3 million troops and is known for its largest standing military.
Tags : CHINA DEFENSE, CHINA MILIATRY, CHINA GOVERNMENT, CHINA NATIONAL BUDGET, CHINA MILITARY BUDGET, U.S MILITARY,