Thursday, March 04, 2010

china's defense budget goes up by 7.5% on paper, likely to be much more

mar 4th, 2010

see even last year's admitted figures -- greater than budgeted. also, analysts believe china's actual spending is about 3x what they admit. 

meanwhile, india's defense spending falls, and even the budgeted amounts are not spent, because the defense minister (ak anthony) is too busy being a 'saint'.

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