US Defence Department Says China Under Reported its 2014 Defence Spending

BBC – China has under-reported its 2014 defence spending by about 20%, according to an annual report put out by the US defence department.

China’s stated budget for this year was $120bn (£70bn), but the US report said the actual figure was closer to $145bn.

The US called on China to be more open about its plans, amid high tension with other regional powers over disputed islands in the South China Sea.

China often accused the US of hypocrisy as their budget dwarfs Beijing’s.

The American military budget was about $600bn in 2013.

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