China’s defense spending increased by 6.6 to 19 trillion yen amid coronal impact, and military build-up continued

China’s defense spending increased by 6.6 to 19 trillion yen amid corona lorry impact, and the military build-up continued May 22 at 11:51

In a budget proposal revealed by the Chinese government, defense spending was about 1.2 trillion yuan, which was more than 1.2 trillion yen, or more than 19 trillion yen in Japanese yen. As the economy slumped due to the new Coronavirus, the growth rate was below last year’s rate, but the increase in defense spending reached approximately 1.2 trillion yuan and the Japanese yen reached more than 1.1 trillion yen, indicating that Beijing would continue to build up its armaments.