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In this April 23, 2009 photo, Chinese Navy helicopters and 528 warship attend an international fleet review to celebrate the 60th anniversary of the founding of the People's Liberation Army Navy in the water off Qingdao of Shandong Province, China. China’s boosted defense spending this year grew 12.2 percent to $132 billion, continuing more than two decades of nearly unbroken double-digit percentage increases that have afforded Beijing the means to potentially alter the balance of power in the Asia-Pacific. Outside observers put China’s actual defense spending significantly higher, although estimates vary widely. (AP Photo/Guang Niu, Pool)

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FILE - In this Tuesday, July 24, 2012 file photo, Chinese soldiers run near a Z-9WZ attack helicopter, designed and manufactured by China, after a flight demonstration for press at a base of Chinese People's Liberation Army (PLA) Army Aviation 4th Helicopter Regiment, ahead of Army Day on Aug. 1, on the outskirts of Beijing. China’s boosted defense spending this year grew 12.2 percent to $132 billion, continuing more than two decades of nearly unbroken double-digit percentage increases that have afforded Beijing the means to potentially alter the balance of power in the Asia-Pacific. Outside observers put China’s actual defense spending significantly higher, although estimates vary widely. (AP Photo/Andy Wong)

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FILE - In this Tuesday, March 31, 2009 file photo, soldiers from the People's Liberation Army (PLA) 6th Armored Division carries the Chinese type 97 semi-auto machine guns march at their military base on the outskirts of Beijing. China’s boosted defense spending this year grew 12.2 percent to $132 billion, continuing more than two decades of nearly unbroken double-digit percentage increases that have afforded Beijing the means to potentially alter the balance of power in the Asia-Pacific. Outside observers put China’s actual defense spending significantly higher, although estimates vary widely. (AP Photo/Andy Wong)

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F1 CEO Bernie Ecclestone arrives in the court in Munich, southern Germany, Thursday, April 24, 2014. Ecclestone is charged with bribery and incitement to breach of trust "in an especially grave case" over a US$ 44 million payment to a German banker, that prosecutors allege was meant to facilitate the sale of the Formula One Group to a buyer of Ecclestone's liking. (AP Photo/Michaela Rehle, pool)

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Bernie Ecclestone, center, the 83-year-old controlling business magnate in Formula One racing, sits in a car on his way to the regional court in Munich , Germany, Thursday, April 24, 2014. Ecclestone is charged with bribery and incitement to breach of trust "in an especially grave case" over a US$ 44 million payment to a German banker, that prosecutors allege was meant to facilitate the sale of the Formula One Group to a buyer of Ecclestone's liking. (AP Photo/ Kerstin Joensson)

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Bernie Ecclestone, left, the 83-year-old controlling business magnate in Formula One racing, sits in a car on his way to the regional court in Munich , Germany, Thurstay, April 24, 2014. Ecclestone is charged with bribery and incitement to breach of trust "in an especially grave case" over a US$ 44 million payment to a German banker, that prosecutors allege was meant to facilitate the sale of the Formula One Group to a buyer of Ecclestone's liking. (AP Photo/ Kerstin Joensson)

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Bernie Ecclestone, center, the 83-year-old controlling business magnate in Formula One racing, sits in a car on his way to the regional court in Munich , Germany, Thurstay, April 24, 2014. Ecclestone is charged with bribery and incitement to breach of trust "in an especially grave case" over a US$ 44 million payment to a German banker, that prosecutors allege was meant to facilitate the sale of the Formula One Group to a buyer of Ecclestone's liking. (AP Photo/ Kerstin Joensson)