article_snippet: China is to boost China military budget by 10 per cent this year to £94billion, making China the world’s second-biggest spender on defence.
article_snippet: Last year, it the world’s spent £85billion, compared with Britain’s
article_snippet: but that is still only around a third of what the US spends.
article_snippet: China is seeking to assert China as a growing power and officials say the money is to modernise the People’s Liberation Army –
article_snippet: the US fears that China considerably understates China actual defence spending.
article_snippet: China has recently taken a more assertive stance on territorial disputes with Japan and other neighbours, leading to a rise in regional tensions.
article_snippet: In response, Japan and India have increased Japan and India military budgets.