https://www.taxtmi.com/news?id=35252 China rejects a multilateral proposal to halve defence budgets, stating that its limited defence spending is necessary to safeguard national sovereignty, security and development; it affirms a self-defence strategy, coordinated economic and defence development, rejection of arms races, and will present defence allocations through its legislative budget process while framing spending as contributing to global stability. en-us Tue, 25 Feb 2025 18:16:03 +0530 Tue, 25 Feb 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35252 China rejects a multilateral proposal to halve defence budgets, stating that its limited defence spending is necessary to safeguard national sovereignty, security and development; it affirms a self-defence strategy, coordinated economic and defence development, rejection of arms races, and will present defence allocations through its legislative budget process while framing spending as contributing to global stability. News - Tue, 25 Feb 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=35252