Taiwan's leader says increasing defence spending to 'deter war'
Summary
Taiwan will increase defence spending to help deter war, President Lai Ching-te said during National Day celebrations in Taipei. The move comes as China continues military pressure over its territorial claims to the island.
Key Points
- President Lai Ching-te said Taiwan will raise defence spending to deter war rather than provoke conflict.
- Taiwan has earmarked a record NT$1.1 trillion in defence spending for 2027, more than 3 percent of GDP.
- The announcement came during National Day celebrations in Taipei, featuring a military parade and air displays.
- China continues to claim Taiwan as part of its territory and has threatened to use force to annex it.
