BEIJING—China on Tuesday announced a 7.2 percent increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring last year’s rise. Tensions with the U.S., Taiwan,Read more https://www.theepochtimes.com/china/china-raises-defense-budget-by-7-2-percent-as-it-pushes-for-global-heft-and-regional-tensions-continue-5601898