Taiwan has proposed a historic increase in its defense spending for the upcoming fiscal year, setting the budget at a record NT$647 billion ($20.2 billion), marking a 7.7% rise from the previous year. This increase reflects Taiwan’s growing concerns about the security threats posed by China’s increasing military assertiveness. The proposed budget is projected to … Leggi tutto Taiwan’s Strategic Military Investments: A Comprehensive Analysis of Defense Spending Amidst Rising US-China Tensions