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TAIWAN PLANS EXTRA $40 BILLION IN DEFENCE SPENDING TO COUNTER CHINA

  • NEWS Desk Global
  • 3 days ago
  • 1 min read

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Taiwan will introduce a $40-billion supplementary defence budget to underscore its determination to defend itself in the face of a rising threat from China, President Lai Ching-te said on Wednesday.

China, which views democratically-governed Taiwan as its own territory, has ramped up military and political pressure over the past five years to assert its claims, which Taipei strongly rejects.

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