China to ramp up military spending by 7.2%, eclipsing rate of economic growth
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FILE - China's President Xi Jinping arrives to attend the APEC Economic Leaders Meeting during the Asia-Pacific Economic Cooperation, APEC summit, Nov. 19, 2022, in Bangkok, Thailand. The CIA director says U.S. intelligence shows that China’s President Xi Jinping has instructed his country’s military to “be ready by 2027” to invade Taiwan. But CIA Director William Burns also says Xi may be currently harboring doubts about his ability to make a move against Taiwan, given Russia’s experience in its war with Ukraine. (Jack Taylor/Pool Photo via Online News 72h, File) Jack Taylor/Online News 72h China to ramp up military spending by 7.2%, eclipsing rate of economic g...