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The sensationalizing of China's military spending as a "threat" is absurd, writes a former PLA general.
The Finance Minister said the actual budget deficit would be around 2.7 per cent of GDP this year.
Russia is slated to host the 7th BRICS Summit later this summer.
The National People's Congress (NPC), China's parliament is the most powerful organ of state.
"A bad deal," Netanyahu said of the agreement Kerry - and the P5+1 - had been trying to reach with Iran.
US defense spending still accounts for nearly 40 per cent of the global total.
The Central Bank will aim to lower inflation to 6 per cent by January 2016.
China's fiscal and monetary policies in 2015 amid slowing growth will be discussed by the country’s lawmakers this week.
The Iraqi military says it has "liberated" a number of villages 22km south of Tikrit.
The Central Bank will aim to lower inflation to 6% by Jan 2016 and further to around 4% by March next year.
