BEIJING — China’s defense spending this year is set to grow at its fastest pace since 2019, according to the Ministry of Finance plan released Saturday. Defense spending will rise by 7.1% to 1.45 trillion yuan ($230.16 billion) this year, faster than the 6.8% increase in 2021 and 6.6% climb in 2020, according to official data.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.