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Taiwan to build subs amid Asian geopolitical shifts

A model of a cutting-edge anti-ship missile on display at the Kaohsiung maritime and defense expo in September.

TAIPEI -- Taiwan is taking steps to develop homegrown submarines under pro-independence President Tsai Ing-wen in a bid to bolster its defense capabilities amid growing uncertainty over the role of the U.S. in regional security in East Asia.

The island is planning to spend 470 billion New Taiwan dollars ($14.8 billion) from 2018 through 2040 for construction of its own battleships and submarines.

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