Political Risk

Taiwan leader promises to raise defence spending as she praises ‘unprecedented’ friendship with United States

“Taiwan will increase its future defence spending by two per cent a year, President Tsai Ing-wen said during a visit to Hawaii where the United States expressed concern over a possible military imbalance in the Taiwan Strait, Taiwanese media reported on Monday.”

Source: Taiwan leader promises to raise defence spending as she praises ‘unprecedented’ friendship with United States | South China Morning Post

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