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U.S. says China's 2013 military spending exceeded $145 billion Updated: 2014-06-06 21:26:21 KST

  U.S. says China's 2013 military spending exceeded $145 billion
The United States says Chinese military spending exceeded 1-hundred 45-billion U.S. dollars last year.
It's about a fifth higher than the 1-hundred 20-billion dollars Beijing claimed it stood at.
The Pentagon on Thursday, announced its estimate based on 2013 prices and exchange rates, adding that China has spent more money to modernize its arsenal of drones, warships, jets, missiles, and cyber weapons.
China's defense ministry denied the report through a statement posted on its website, and called out the United States for "exaggerating" its military threat.
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