Wednesday, 7 March 2018

China's defense budget increased to $ 175 billion

Posted by Dhruba Shrestha March 08, 2018 :
China on Monday announced an 8.1 percent hike in its defence budget in 2018 to a whopping USD 175 billion, over three times higher than that of India, as an increasingly assertive Beijing focused on the modernisation and reach of the country's military, amidst simmering disputes with its neighbours. The announcement of China increasing its military spending comes as President Xi Jinping, the commander-in-chief of the country's over 2-million-strong armed forces, focuses on cementing his status as the most powerful leader since Chairman Mao Zedong. The 8.1 percent increase unveiled today is higher than last year's budget allocation, when China upped military spending by 7 percent over the previous year. According to a budget, report to be submitted to the National People's Congress (NPC), China's parliament, the defence budget in 2018 will be 1.11 trillion yuan (USD 175 billion).

Guide of the month: January 2018

Traveling gives us the opportunity to disconnect from our regular life. You get to forget your problems/issues for a few weeks, it can also help you figure things out that you would not have understood without the distance traveling can give you. We all have crazy schedules, work and a family to take care of, going away alone or with some friends can give you distance and perhaps even make you realize how important these people are for you. Like the saying says: we never know what we have until we lose it.

Another great benefit is the relaxation you get to do. It’s nice to live life to its fullest and enjoy a stress free time with yourself. Going on vacation lets us recharge our “batteries” by disconnecting us from our regular life. When we come back we feel invigorated and we are happy to be back in our day to day routine. It’s a very good stress remover that has a lot more to give than most people are willing to accept.

Traveling increases our knowledge and widens our perspective. To view new customs, different ways of living is fantastic for the mind. It gives us a new perspective about life and especially our life, it can help us change some of our habits or even create new ones. When I travel I usually make it a point to try new food, some cultures don’t have fries in their diet and they are all skinny, others use spices to give taste and not oils or fats. Discovering different values and ways to get by in life is really interesting. You also need to visit exotic new places and discover what this wonderful world has to offer.