Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. With the growth of Chinäs global economic power, its military has demanded more funding and greater capabilities to protect national interests on land as well as on seas. Over the past decade its defense budget has increased on average by 10% a year, currently being second only to that of the United States of America. Having acquired its first aircraft carrier and developed carrier-killing ballistic missiles, China is set to become a formidable regional naval power. Learn more about the People's Liberation Army Navy in this book.