China spent 7 per cent or $15 billion of its defence budget on exercises in the Western Pacific in 2023, a Taiwanese estimate cited by Reuters showed. The internal research by Taiwan’s armed forces shows that Beijing has ramped up its military presence amid rising tensions in the region.

China spent 7 per cent of its defence budget on Pacific exercises in 2023: Report

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China spent 7 per cent of its defence budget on Pacific exercises in 2023: Report