China’s military spending concerning given ‘failing economy’, US admiral says

April 23, 2024

Reuters

The increase in China’s defence spending is concerning given its economy is “failing”, the head of the U.S. Indo-Pacific Command said on Tuesday.

Speaking to reporters in Tokyo, Admiral John Aquilino said China’s economy had been battered by turmoil in its real estate sector and asserted that its official growth rates were “not real”.

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