Under Xi, China's defense budget seen defying economic slowdown

February 16, 2015 8:58 PM

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Under Xi, China's defense budget seen defying economic slowdown

BEIJING (Reuters) - President Xi Jinping is expected to authorize robust defense spending for this year despite China's slowing economy, determined to strengthen the country's armed capabilities amid growing unease in Beijing at Washington's renewed focus on Asia.

While China keeps the details of its military spending secret, experts said additional funding would likely go toward beefing up the navy with anti-submarine ships and developing more aircraft carriers beyond the sole vessel in operation.

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