Budget Brief: Defense Defies Chinese Economic Slowdown

china's NPC 20225

China's defense budget was announced on the fringes of the National People's Congress at the Great Hall of the People in Beijing.

Credit: Xinhua/Alamy Stock Photo
With all eyes on the transatlantic spat between the new administration in Washington and its allies in Europe, China quietly released details of its budget plans for 2025, which include a 7.2% increase for military spending. Announced, as has become customary, on the fringes of the annual National...
Craig Caffrey

Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and…

Subscription Required

 

Budget Brief: Defense Defies Chinese Economic Slowdown is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.