Xi says Chinese military will cut forces by 300,000

BEIJING, (Reuters) – Chinese President Xi Jinping said yesterday that China will cut its number of troops by 300,000, as he kicked off a massive military parade marking 70 years since the end of World War Two in Asia.

China will always go down the path of peaceful development, Xi added, speaking on a rostrum overlooking Tiananmen Square. The comments were carried live on state television.