DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Taiwan Boosts Defense Spending Amid China's Military Buildup
Taiwan Boosts Defense Spending Amid China's Military Buildup

Taiwan Boosts Defense Spending Amid China's Military Buildup

Update: 2025-11-26
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Taiwans President Lai Ching-te announces a significant boost in defense spending, citing Chinas intensifying military presence and activities near the island. Lai warns of Chinas plans to take control of Taiwan by force by 2027, highlighting Beijings increased military drills, gray-zone harassment, and efforts to influence Taiwans politics and society. China views democratically governed Taiwan as its own territory, a claim Taiwan strongly rejects. Despite pressure from China, President Lai vows to strengthen Taiwans self-defense capabilities, aiming for high combat readiness by 2027.

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Taiwan Boosts Defense Spending Amid China's Military Buildup

Taiwan Boosts Defense Spending Amid China's Military Buildup