Taiwan parliament speaker Han Kuo-yu announces approval of a $25 billion special defence spending bill in Taipei, Taiwan, on May 8, 2026. Ann Wang/ReutersTAIPEI—Taiwan’s opposition-controlled parliament approved extra defence spending of $25 billion on Friday, or just about two-thirds of the amount sought by the government to bolster the armed forces in the face of a rapidly modernising Chinese military.Taiwan President Lai Ching-te had wanted a T$1.25 trillion ($39.81 billion) supplementary defence package approved, including money for U.S. arms but also for domestically made equipment such as drones to increase deterrence against China, which views the island as its own territory.
Taiwan Parliament Approves Extra Defence Spending but Less Than Government Wanted
Date:
