China

Chinese Military Spending to Increase

Thanks to territorial disputes with neighbors

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(Reuters)—A series of territorial disputes with its neighbors will ensure China boosts defense spending when it reveals this year's military budget ahead of the annual parliamentary sitting next week, security experts say.

After almost three decades of sharply increased military outlays, an increasingly assertive China now has the firepower to challenge rivals claiming strategically important and resource-rich territory in the East China and South China seas.