Taiwan Passes Extra $8.6 Bln Defence Budget As China Threat Grows

International Business Times 

Taiwan's parliament on Tuesday passed an extra spending bill of nearly $8.6 billion in its latest bid to boost defence capabilities against an increasingly bellicose China. The government proposed a five-year special defence budget of around TW$237.3 billion from 2022 as Chinese warplanes breached its air defence zone at unprecedented levels last year. Democratic Taiwan lives under constant threat of an invasion by authoritarian China, which claims the self-ruled island as part of its territory to be seized one day -- by force if necessary. Beijing's sabre-rattling towards the island has increased considerably since President Tsai Ing-wen came to power in 2016, as she regards the island as a sovereign nation and not part of "one China." Last year, Taiwan recorded incursions by around 970 Chinese warplanes into its air defence zone, according to a database compiled by AFP, more than double the roughly 380 carried out in 2020.

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