News Taiwan plans to spend $1.4 billion on new fighter jets amid rising China military activity

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Taipei Taiwan announced a modest pace in defense spending for next year on Thursday, but will spend $1.4 billion on new fighter jets, as the island bolsters its forces in the face of increased pressure from Beijing.

China has stepped up its military activity near Taiwan, including holding assault drills last week near the island, which it regards as Chinese territory to be brought under Beijing's control, by force if necessary. President Tsai Ing-wen's Cabinet is proposing military spending of about $16.9 billion for the year starting in January, up from this year's budget of 16.2 billion, the government said in a statement.

 

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