Taiwan’s Lai sets defence spending target at 5% of GDP
Taiwan’s President William Lai Ching-te. File | Photo Credit: AP Taiwan’s government aims to increase defence spending to 5% of GDP by 2030, President Lai Ching-te said on Friday (August 22, 2025), as the United States pushes Taipei to invest more in its own security. Taiwan lives under the constant threat of invasion by China,…
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