Global Analysis from the European Perspective. Preparing for the world of tomorrow

Taiwan eyes $8.7bn more for arms as it warns of ‘severe threats’

Taiwan has proposed spending an extra 240 billion Taiwan dollars ($8.69bn) on defence over the next five years including on new missiles, warning of the urgent need to upgrade weapons in the face of “severe threats” from China, which claims the island as its own.

Taiwan President Tsai Ing-wen, who first came to office in 2016, has made modernising the armed forces and increasing defence spending a priority. Source AL Jazeera

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