China’s Great Recession Arrives! GDP Target Under 5% for First Time in 30 Yrs, Military Funds Stolen

China’s Great Recession Arrives! GDP Target Under 5% for First Time in 30 Yrs, Military Funds Stolen

Mar 08, 2026 - 10:51
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The CCP’s National People’s Congress opened on March 5, and official figures show that the defense budget has increased for the fifth consecutive year by more than 7%. This year's increase, however, is the smallest in the past five years, but still exceeds the GDP growth target.

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