Taiwan Unveils $40 Billion Defence Budget in Efforts to Counter Rising Threat from China
Taiwanese President Lai Ching‑te announced on Wednesday a $40 billion supplementary defence budget, underscoring the island’s determination to strengthen its military capabilities amid escalating pressure from Beijing. Strengthening Deterrence The package, valued at T$1.25 trillion (US$39.89 billion), will fund advanced air‑defence systems, new missiles, drones, cyber‑defence upgrades, and asymmetric warfare capabilities. Lai emphasized that the […]
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