China's military budget over 3 times that of India: Pentagon
May 09, 2015 20:14
China has over the past several decades significantly increased its defence budget which is now more than three times that of India and the country could pose a threat to the US security interest in the region, the Pentagon has said.
China's official defence budget last year was $136.3 billion while that of India was $38.2 billion, the Pentagon said today in its annual report to the Congress based on its annual assessment of military and security developments involving the giant Asian country.
China has significantly increased its defence budget over the past several decades and now has reached a position to pose threat to the American national security interest in the region, the report said. Having established a modern defence industry, China has now began exporting arms with Pakistan being its top importer.
"Pakistan remains China's primary customer for conventional weapons," the Pentagon said yesterday. Russia's national defence budget the same year was $76.3 million and that of Japan was $47.6 billion, whereas South Korea's annual defence budget last year was $33.4 billion and Taiwan's was $10.3 billion, the Pentagon said.
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