Source: China – South China Morning PostIn this year’s annual session of the National People’s Congress, Premier Li Keqiang presented a finance report with an estimated 1.45 trillion yuan (US$230 billion) set aside for defence spending in 2022.Although that figure is an increase on last year, it is still less than the US military budget, which is expected to top US$770 billion. This translates into a significant gap in US and Chinese military power. As a result, China’s military modernisation and efforts to leverage technology in…Read More