China Bolstering Civil, Defense Space Spending
By Amy Svitak, Frank Morring, Jr.
Source: Aviation Week & Space Technology
China's growing military space capabilities, including a constellation of maneuverable robotic spacecraft operating today, are being bolstered by a hefty increase to the nation's civil and defense space coffers over the next five years.
In March, Beijing announced a 10.7% increase in its annual defense budget to $114 billion, continuing more than two decades of sustained annual spending increases. The U.S. Defense Department says that from 2003-12, China's officially disclosed military budget grew at an average rate of 9.7% per year in inflation-adjusted terms.