military spending 結果共5筆

Vice President Lai Ching-te and Vice President-elect Hsiao Bi-khim meet with U.S. Representative Jack Bergman to discuss Taiwan-U.S. cooperation in stabilizing the Taiwan Strait. The meeting underscores the significance of the Taiwan Relations Act and recent U.S. initiatives to bolster Taiwan’s national security.

Senate Republican Leader Mitch McConnell stresses the importance of the U.S.-Taiwan relationship and the need for increased military investment to counter China’s growing influence, marking the 45th anniversary of the Taiwan Relations Act.

China announces a 7.2% increase in its defense budget for the year, reaching 1.67 trillion yuan (US$231 billion), signaling significant military expansion. Comparatively, this figure dwarfs Taiwan’s budget, amidst global rises in military spending.

Taiwan’s President Tsai Ing-wen addressed criticism about her government’s spending and accusations of burdening future generations with debt. She claimed to be the best debt-repaying president and announced that her administration had repaid over NT$800 billion of debt. Tsai highlighted the increases in national spending under her leadership, including a significant hike in the national defense budget to NT$600 billion and a raise in the budget for elderly care from NT$5 billion to NT$80 billion. She also mentioned the expansion of the national child-rearing policy and the progress of the indigenous defense aircraft program. Tsai viewed the construction of a prototype submarine as a milestone that strengthens the island’s defensive capabilities.

As Taiwan’s military spending increases amid an unstable situation across the Taiwan Strait, concerns are mounting over the Legislative Yuan budget plan.