China’s 6.6 per cent defence spending boost marks slowest growth in three decades

China will boost defence spending by 6.6 per cent this year – the lowest rate in three decades – as Beijing faces growing security risks and economic fallout from the coronavirus pandemic.The 1.27 trillion yuan (US$178.6 billion) defence budget was announced on Friday, the opening day of the legislature’s annual meeting in Beijing. But although the increase marks the slowest growth since 1989, it is a minor adjustment from last year’s 7.5 per cent rise in military spending.It comes after China…

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