Taiwan Fortifies Defense Amidst Rising Tensions with China
Taiwan announced a $40-billion supplementary defense budget to assert its determination to defend itself against increasing threats from China. Amid pressure from Washington to increase defense spending, President Lai Ching-te aims for 5% of GDP by 2030. The budget includes advanced weaponry and aims to maintain peace in the region.
Taiwan has unveiled a $40-billion defense budget aimed at bolstering its military capabilities against China's growing threats. President Lai Ching-te emphasized the country's resolve to protect its sovereignty while underscoring the need to increase defense spending to 5% of GDP by 2030.
The newly announced budget will fund advanced military technology, including missiles, drones, and the "T-Dome" air defense system, as the island nation aims to modernize its armed forces. This move aligns with expectations from Washington, reflecting a broader push for allies to invest more in their defense.
Lai's announcement comes amid heightened regional tensions and debates over Taiwan's status. While the opposition questions the increased spending, highlighting a preference for peace, Taiwan seeks international support to counter China's aggressive posturing.
(With inputs from agencies.)
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