CHINA-PLA NAVY: NAVY MODERNISATION PLANS
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The US Economic and Security Review Commission (USESRC) has assessed that China's military spending will increase between 2015 - 2021 by 55 % from US$ 167.9 billion to US$ 260.87 bn. The PLAN's spending, it said, will increase by 82% from US$ 31.4 billion to US$ 57.1 billion.
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