China's Defense Budget Will Rise to More Than 7% This Year

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Beijing said its defense budget will rise this year to more than 7%. The big jump in military spending is not surprising, but still would raise some kind of a red flag. Israel has been racked by protests for the past two months. They erupted when Prime Minister Benjamin Netanyahu proposed reforms to the country's judicial system.

Huawei is lobbying to build the Malaysian government’s 5G network, China will aim for an economic expansion of “around 5 per cent” for 2023, Israel has been gripped by a bitter battle between supporters and opponents of proposed judicial reforms, and US President Joe Biden will soon issue his first presidential veto.

Mentioned in this podcast:

Huawei fights for role in Malaysia’s 5G rollout

China’s military budget outpaces economic growth in shift to security

Xi Jinping set to overhaul China’s economic policy team at watershed congress

The angry divide in Israel over the rule of law and religion

Joe Biden expected to issue first presidential veto in anti-ESG vote

Credit: SCMP Clips: China targets to boost gross domestic product by ‘around 5%’ in 2023

Credit: Reuters: Police in Israel use stun grenades on judicial reform protesters

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