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Amid Regional Worries, China Boosts Defense Spending

China has announced another double-digit increase in defense spending, amid regional worries about its growing military assertiveness.Premier Li Keqiang announced the move along with a wide range of other policy plans Wednesday at an annual meeting of China's ceremonial National People's Congress.Premier Li says the defense budget will be raised by 12.2 percent this year to help modernize China's armed forces and develop more high-tech weapons."This year, keeping in mind the...

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