Taiwan’s Defense Budget Hits Record $20 Billion Amid Rising Tensions

Taiwan’s defense budget will reach a new high of NT$647 billion ($19.74 billion) in 2025. This represents a 6% increase from the previous year’s NT$606.8 billion. Taiwan aims to enhance its self-defense capabilities and cooperation with democratic allies. This comes amid escalating tensions with China. Taiwan’s increased defense spending follows a broader trend in the Asia-Pacific […]