China To Unveil Military Budget After U.S. Asia "Pivot" -- Reuters(Reuters) - China is likely to unveil its military spending for 2012 on the weekend, flagging the direction that Beijing will take after President Barack Obama launched a new "pivot" to reinforce U.S. influence across Asia.
Beijing has not set a time to announce the yearly budget for the People's Liberation Army (PLA), but it has made a habit of releasing the number at a news conference preceding the annual parliament session, which this year opens on Monday.
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Update #1: China's military build-up seen independent of U.S. moves -- Chicago Tribune/Reuters
Update #2: US concerned over Chinese growing military might -- IBN Live
Update #3: China continues to challenge US: Pentagon commander -- Economic Times
My Comment: Here is an easy prediction .... China will be increase their military budget this year ... and the next.