China boosts military spending by billions as US warns of potential Taiwan invasion
Fox News
The Chinese government increased its military spending in 2023, infusing nearly $16 billion to bring the budget to $230 billion as the U.S. warns of a Taiwan invasion.
Despite the increase, U.S. military spending still dwarfs China's. America's military is engaged in efforts across the globe, including the supply of weapons for defending Ukraine. Anders Hagstrom is a reporter with Fox News Digital covering national politics and major breaking news events. Send tips to Anders.Hagstrom@Fox.com, or on Twitter: @Hagstrom_Anders.
Nevertheless, China's budget increase follows a year of unprecedented tension between China and the U.S. and Taiwan. CIA Director William Burns stated last month that Chinese President Xi Jinping has ordered his military to be ready to invade Taiwan by 2027.