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By Ben Blanchard and Sui-Lee Wee BEIJING (Reuters) - President Xi Jinping announced on Thursday he would cut troop levels by 300,000 as China held its biggest display of military might in a parade to commemorate victory over Japan in World War Two, an event shunned by most Western leaders. China's confidence in its armed forces and growing military assertiveness, especially in the disputed South China Sea, has rattled the region and drawn criticism from Washington. Xi, speaking on a rostrum overlooking Beijing's Tiananmen Square before the parade began, said China would cut by 13 percent one of the world's biggest militaries, currently 2.3-million strong.More...