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Understanding China's 2021 Defense Budget | Center for ...

 · The annual meeting of the National People's Congress (NPC) began on Friday, March 5, in Beijing. Like previous years, the first day of the new NPC session was highlighted by the widely anticipated announcement of China's 2021 defense budget, which was set at 1.36 trillion yuan, a 6.8 percent increase from the 1.27 trillion yuan budget set last year.

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