China boosts defense budget by 11.2 percent for 2012 (Reuters)

[unable to retrieve full-text content]Reuters - China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's first defense budget since President Barack Obama launched a "pivot" to reinforce U.S. influence across the Asia-Pacific.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120304/wl_nm/us_china_defence

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