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Tag Archives: assets

China’s SWFs: Next Targets of Calls for Greater Transparency?

China’s SWFs: Next Targets of Calls for Greater Transparency?

On March 5, China announced that it was increasing its defense budget for 2014 by 12.2 percent over the 2013 level, to $131 billion. Analysts and diplomats greeted the news with complaints that Beijing’s disclosures about its military spending are unduly opaque and often low-ball the actual defense budget by not including many weapons programs. […]

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