CHINA’S INCREASED DEFENCE BUDGET AND ITS IMPLICATIONS FOR INDIA – ANALYSIS

In marked contrast to India’s regrettable declining defence budget expenditures in face of rising threats from China and Pakistan, one is witnessing a surging increase in China’s defence budget notably when China faces no credible military threats from any quarter. China ‘s defence budget is assessed to touch US $ 148 billion in 2014, second only to the United States defence budget and outstripping the combined defence budgets of Germany, France and the United Kingdom.

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