China's military warned on Saturday on its founding anniversary of growing risks along its borders, including in the disputed waters of the South and East China Seas.
The Chinese military, the world's largest, has embarked upon an ambitious modernization program in recent years.
That, along with rising defense spending, has jangled nerves around the region. China says it is a threat to nobody, but needs to update outdated equipment and has to be able to defend what is now the world's second largest economy.
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