Topic: Li Zhaoxing
China will raise its military spending by 11.2 percent in 2012 as the Asian giant worries about the US presence in the region.
After more than two decades of double-digit annual growth in defense spending, Beijing announced its budget would grow 7.5 percent in 2010. But analysts say China's military spending is only slowing on paper.
03/04/2010 08:41 am