Taiwan Strait

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As China Raises Stakes, Taiwan Unveils $40B Defense Spree

Taiwan cites China's military buildup in its announcement of new defense budget

(Newser) - As China ramps up military activity near Taiwan, the island's president announced a fresh $40 billion defense budget to shore up its defenses. President Lai Ching-te unveiled the plan for the supplementary budget on Wednesday, citing what he described as an "unprecedented military buildup" by Beijing and stepped-up...

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