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China slams US for increasing its defence budget to $1 trillion

Business Standard LogoBusiness Standard1w ago

China slams US for increasing its defence budget to $1 trillion - Business Standard

Quick Summary:

Reacting to reports that the US defence budget for fiscal year 2026 will reach a record USD one trillion, Zhang Xiaogang, a spokesperson for China's Ministry of National Defence, said such an act would only inflict painful disasters upon the people of the US and the rest of the world.

The Chinese military on Wednesday criticised the United States for increasing its defence budget to USD one trillion, saying that "wanton use of force will not make America great again".

China, which is the second largest defence spender after the US, hiked its defence budget early this year by 7.2% increase to USD 249, which is a USD 17 billion rise compared to last year.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 18:14:21 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 296 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27949101

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 107 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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