Boost in defence spending coming amid China threats, says Taiwan's minister

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Boost in defence spending coming amid China threats, says Taiwan's minister - Business Standard

Quick Summary:

Taiwan's defence minister says the island is planning to boost military spending in the face of the rapidly changing international situation and the escalating threats from adversaries.

Wellington Koo gave no figures but said President William Lai Ching-te was working with the ministry in consideration of enemy threats and urgent readiness needs, a reference to China's threats to invade the island, which it considers its own territory.

Those would increase the proportion of the defence budget in relation to GDP, Koo said, in comments Monday that were embargoed until Tuesday.