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China to show new warships as Beijing flexes military muscle on navy anniversary
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China to show new warships as Beijing flexes military muscle on navy anniversary
President Xi Jinping is overseeing a sweeping plan to refurbish the People's Liberation Army (PLA) by developing everything from stealth jets to aircraft carriers as China ramps up its presence in the South China Sea and around self-ruled Taiwan. The navy has been a key beneficiary of the modernization plan as China looks to project power far from the country's shores and protect its trading routes and citizens overseas. Last month, Beijing unveiled a target of 7.5 percent rise in defense spending for this year, a slower rate than last year but still outpacing China's economic growth target.
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