Monday, March 6, 2017

China defense budget rises at slowest pace in decades: report

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China defense budget rises at slowest pace in decades: report

China defense budget rises at slowest pace in decades: reportChina's defence budget will rise seven percent to $151 billion this year, the slowest annual percentage increase since 1991 and roughly in line with decelerating economic growth, Bloomberg News reported Monday. The budget is normally included in public documents released at the opening of the country's 10-day annual legislative session, which began Sunday, but was absent this year, adding to perennial concerns abroad over Chinese military transparency. The 2017 budget will be 1.044 trillion yuan ($151 billion), a finance ministry information officer confirmed to Bloomberg News.


Defiant Fillon says 'no one' can stop France election bid

Defiant Fillon says 'no one' can stop France election bidEmbattled French presidential hopeful Francois Fillon vowed that "no one" could force him to quit as he dug in despite calls to withdraw over an expenses scandal, with party leaders heading for a crisis meeting Monday over his candidacy. "No one today can prevent me being a candidate," Fillon said in a TV interview late Sunday in which he again said an investigation into allegations he gave his wife a highly paid fake parliamentary job was politically motivated. "Of course it is aimed at stopping me being a candidate," said Fillon, who is to be charged on March 15.


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