Chinese Government's Legislative Sessions

SOURCE www.nbcnews.com
The Chinese government plans to increase its defense budget by 7.2%, causing concern among other countries in the Asia-Pacific region. Job-related proposals and economic growth targets are also discussed at the legislative sessions.

Key Points

  • China plans to increase its defense budget by 7.2%
  • Speculations about China's next foreign minister
  • Job-related proposals and economic growth targets are discussed

Pros

  • Increased transparency on Chinese government's plans and agenda for the year
  • Discussions on job-related proposals and economic growth targets

Cons

  • Concerns over China's defense budget increase and military development
  • Lack of clarity on the appointment of a new foreign minister