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Text of report in English by Thailand-based Burmese publication Irrawaddy website on 9 March
["New Analysis" By Wai Moe: "Beijing's 'Two Oceans Policy' Looms Large"]
China last week announced it would increase its military budget by nearly 15 per cent this year, underlining the potential superpower's desire to press forward with its "Two Oceans Policy" and reminding Burma that it is very much just a pawn in China's chess game.
According to the Xinhua News Agency, the spokesman for China's National People's Congress, Li Zhaoxing, announced on March 3 that the Chinese military budget will be increased this year by 14.9 per cent - by Yuan 62.48 billion - to a figure of Yuan 480.68 billion (about $ 70 billion).
Zhaoxing said the increase will be used to upgrade military equipment, raise salaries for soldiers …