US EditionTaiwan announces special budget of $40 billion for arms purchases to bolster defense
- On Nov. 26, President Lai Ching-te announced a US$40 billion supplementary defence budget after proposing it in a Washington Post op-ed on Nov 25.
- Against a backdrop of daily PLA activity, China has deployed warplanes, navy ships and drones toward Taiwan, while recent military intrusions and gray-zone tactics have caused deep unease in the Indo-Pacific region, Lai said.
- Funding asymmetric systems like mobile missile units will include the Taiwan Dome air-defense system and precision-strike missiles via joint development with the United States.
- To deliver on the pledge, Taipei expects Taiwan's defence spending to rise to 3.3% of GDP by next year and President Lai Ching‑te pledged it will reach 5% by 2030; the United States is legally bound to provide Taiwan with defensive means.
- With backlogs exceeding US $19 billion, defense experts say U.S. production constraints may delay arms deliveries to Taiwan, despite a planned $40 billion budget from 2026 to 2033.
127 Articles
127 Articles
Taiwan announces the "biggest military investment" of its history. Meanwhile, China is increasing pressure on the island state – and on the entire region. An analysis.
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This Wednesday, in his strategy of rearmament in the face of the threat from China, Taiwanese President Lai Ching-te has announced a special budget of $40 billion...
Taiwan sets date for war with China in terrifying invasion warning
Taiwan is preparing itself for war with China within the next two years, the country's President has confirmed, as tensions continue to escalate between the two countries.President Lai Ching-te announced plans to boost defence spending with a $40billion (£30.6billion) budget, he told a press conference today."There is no room for compromise on national security," he said. "National sovereignty and the core values of freedom and democracy are the…
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