WASHINGTON (PTI): India's annual defence budget is just one-third of that of China despite the tensions that remain along their shared border, according to a Pentagon report.
The official annual defence budget of China in the year 2013 was USD 119.5 billion against India's USD 39.2 billion, the Pentagon said Thursday in its annual report on China, which was submitted to the Congress.
For comparison, the national defence budget of Russia in the year 2013 was USD 69.5 followed by that of Japan at USD 56.9 billion. The annual budget of South Korea was USD 31 billion.
Read the full story at Brahmand