Chinese Military Parade- power of china - The largest military force in the World - Amazing moments of China V-Day parade <br /> <br />China has held a lavish parade in Beijing to mark the defeat of Japan in World War Two, showcasing its military might on an unprecedented scale. <br />President Xi Jinping in his opening speech paid tribute to "the Chinese people who unwaveringly fought hard and defeated aggression" from Japan. <br />He also said the People's Liberation Army would be reduced by 300,000 personnel, but gave no timeframe. <br />China's growing military power is being keenly watched amid regional tensions.