Taiwan's president pushes to increase defense budget amid rising threat from China

Helicopters flew over with the Taiwan national flag during President Lai Ching-te’s inauguration celebration in Taipei, Taiwan, on May 20, 2024. President Lai announced that Taiwan’s defense budget will exceed 3% of its economic output to counter the rising threat from China, with a focus on modernizing the military and increasing service member retention. The U.S. has urged Taiwan to increase defense spending, with concerns over China’s military activities in the region and Taiwan’s cooperation with the U.S. and other democracies to uphold regional stability and prosperity.

Full Article