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Booming Taiwan Can Well Afford More Military Spending, President Says

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By Ben Blanchard
TAIPEI, March 14 (Reuters) – Taiwan can well ⁠afford ⁠a $40 billion special defence budget ⁠given its booming economy, President Lai Ching-te said on Saturday, ​citing a U.S. emphasis on collective burden-sharing.
Lai’s proposed spen… [2033 chars]

Source: U.S. News & World Report | Published: 2026-03-14T04:27:00Z

Credit: U.S. News & World Report

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