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China Rejects US Report on Military Spending

China has rejected a report by the U.S. Defense Department that suggested Beijing significantly underestimated the amount it spent on defense last year.   The annual Pentagon report to Congress Thursday said Chinese military spending was about $145 billion in 2013. That figure is about 20 percent higher than the $119.5 billion China said it spent.   The Defense Department document also noted Beijing is expanding its ability to project power overseas. It cited advances in...

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