China's 2016 defense budget to slow in line with economy

BEIJING China's defense budget this year will rise by about seven to eight percent compared with 2015, the spokeswoman for the Chinese parliament said on Friday.


Spokeswoman Fu Ying told a news conference that the actual figure would be released on Saturday, when the annual session of China's largely rubber-stamp parliament opens.


Last year, defense spending was budgeted to rise 10.1 percent to 886.9 billion yuan ($135.39 billion).


(Reporting by Michael Martina; Writing by Ben Blanchard; Editing by Paul Tait)



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