Russia’s Dmitriev takes gold in sprint at 2017 UCI Track Cycling World Cup in ColombiaSport February 20, 3:40
Lenin Moreno leads after 1st round of presidential election in Ecuador - exit pollsWorld February 20, 2:31
Emelianenko-Mitrione bout postponed due to American’s illnessSport February 19, 4:06
OSCE unable to identify perpetrators of cyber attacks against it - secretary generalWorld February 19, 4:02
Russian biathletes win gold in relay at 2017 IBU World Championships in AustriaSport February 18, 18:30
Putin signs decree on recognition of documents given to Donbass peopleRussian Politics & Diplomacy February 18, 17:26
Sberbank CEO says no repeat of crisis in the short termBusiness & Economy February 18, 17:24
Judging by certain statements at Munich Conference, "cold war" is still not over — LavrovRussian Politics & Diplomacy February 18, 15:19
Bout’s lawyers will challenge Court of Appeals’ decision in Supreme Court on February 21Russian Politics & Diplomacy February 18, 7:16
MOSCOW, 5 March. /TASS/. China announced on Thursday that its national defense budget will grow 10.1% in the coming year.
According to a report released shortly before the annual session of the National People's Congress (NPC), the country’s legislature, Beijing plans to raise military spending to 886.9 billion yuan (about $142.4 billion), marking the lowest increase in five years.
Last year's defense budget rose 12.2% to more than $130 billion, official data showed.
Analysts explain a notable slowing of military spending in recent years by the country’s transition to a new model of economic development, shifting from rapid, double-digit growth to a more moderate pace, they say.