TAIPEI (Reuters) -- Taiwan plans to boost defense spending by a fifth next year, surpassing 3% of gross domestic product, as it invests billions more in new equipment to better face down China and convince the United States it takes seriously calls to bolster its military.
Taiwan tensions
Taiwan to hike 2026 defense budget above 3% of GDP amid US pressure
Premier says plan shows 'concrete determination' to defend sovereignty, security
A High Mobility Artillery Rocket System (HIMARS) is positioned at a park during Taiwan's annual Han Kuang military exercise in Taichung on July 12. © Reuters
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