Japan's defence ministry seeks record budget amidst growing Chinese threat

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Japan's defence ministry seeks record budget amidst growing Chinese threat - Business Standard

Quick Summary:

Japan's Defence Ministry Friday sought a record 8.5 trillion yen (USD 59 billion) budget for the next year to fortify its deterrence on southwestern islands against China's increasing threat, while focusing on unmanned weapons and AI to make up for the declining number of servicemembers as a result of the country's shrinking population.

Japan aims to spend 43 trillion yen (USD 297 billion) through 2027 to double its annual military spending to around 10 trillion yen, making it the world's third-largest military spender after the United States and China.

The ministry's request for 2025 marks the third year of Japan's rapid five-year military buildup plan under the government's ongoing security strategy.