nuclear-news

China’s $90 billion for weapons, including nuclear, in 2011

Chinese Defense Budget Boost Seen Aiding Nuclear Force, NTI: Global Security Newswire – March 7, 2011 China on Friday announced it had set aside roughly $90 billion in defense funds for 2011, a 12.7 percent boost over the nation’s declared 2010 defense budget, the Asahi Shimbun reported (see GSN, March 3).The People’s Liberation Army’s Second Artillery Corps, which oversees China’s strategic nuclear force, would benefit significantly from the additional spending, one military insider said. “Along with the second artillery (the strategic missile unit), the navy also received preferential budget treatment,” the source said……..NTI: Global Security Newswire – Chinese Defense Budget Boost Seen Aiding Nuclear Force

March 7, 2011 - Posted by Christina Macpherson | China, weapons and war