Chinese military spending a 'threat': Japan

Japan on Saturday expressed concern over what it called a lack of transparency in China's massive defence spending, saying the secrecy posed a "threat" to Tokyo. China's military budget jumped 11.2 percent year on year to $106 billion in 2012, a rise that has caused unease around the region and especially in Tokyo, Japan's Parliamentary senior vice-minister of defense Shu Watanabe said. (India Times)