The US$8 billion defence plan that Taiwan hopes will deter mainland China

Taiwan will spend close to NT$240 billion (US$8.71 billion) on eight types of weapons to help boost its defences in the face of growing military threats from Beijing.Military observers said the weapons, to be built by the self-ruled island, included missiles capable of striking coastal and inland mainland China.The island’s lawmaking body approved the NT$237 billion, five-year spending plan on Tuesday as a special military budget that would need to be raised through government borrowing,…

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