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Fu Ying, spokewoman of the National People's Congress, announces another substantial boost in military spending at a press briefing on March 4. (Photo by Akira Kodaka)

'Foreign interference' has China spending 1tn yuan on military

Country's vice foreign minister bashes US for thinking in the past

JOYCE HO, Nikkei staff writer | China

BEIJING -- China's military budget for 2017 is likely to reach 1 trillion yuan ($145 billion), up roughly 7% from last year and representing 1.3% of the country's gross domestic product for the first time, a National People's Congress spokeswoman said on Saturday.

The announcement closely follows U.S. President Donald Trump's recent request for a 10% increase in defense expenditures.

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