Taiwan Unveils $40B Defense vs. China
Taiwanese President William Lai Ching-te has announced a substantial $40 billion special defense budget, to be allocated over the next eight years, aiming to significantly bolster the island's defenses with advanced technology and innovation. This strategic financial commitment underscores Taiwan's resolve to achieve an "unassailable Taiwan" amidst escalating pressure and intensifying threats from Beijing, reflecting a firm stance on national security.