2017 military expenditure report announced: France was overtaken by India Sixth

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 2017 military expenditure report announced: France was overtaken by India Sixth


In May 2nd, the latest report from the Stockholm International Peace Research Institute (SIPRI) in Stockholm, Sweden, said Frances 2017 military expenditure fell to sixth in the world and fifth in India, according to the French media, citing the Agence France-Presse in May 2nd. According to reports, in 2017, French military expenditure reached 57 billion 800 million US dollars (about 367 billion 816 million yuan), accounting for 2.3% of GDP. AudeFleurant, head of the Stockholm International Peace Research Institute, said that in 2017, the French military expenditure dropped by 1.9%, although the decline was small, but the increase in military expenditure in India was very rapid. In the face of strong growth in India, Frances military spending is not enough to maintain its fifth place in the world, and therefore it is sixth. In 2017, Indias military expenditure increased by 5.5%, ranking from sixth to fifth. India embarked on an arms modernization project to tackle the problem of inadequate arms and obsolete armaments, which has now invested more than $100 billion. Since 2008, its military spending has almost doubled. The source of this article: Global Times - global network. More brilliant, please log on to http://www.huanqiu.com editor in charge of World Wide Web: Qiao Jing _NN6607 According to reports, in 2017, French military expenditure reached 57 billion 800 million US dollars (about 367 billion 816 million yuan), accounting for 2.3% of GDP.