Taiwan's President Lai Ching-te has said his government would aim to increase defense spending to 3% of its GDP this year, but the island's parliament has passed budget cuts that could hit defense ...

Currently, Taiwan spends only 2.5 percent of its GDP on defense, well below U.S. spending, roughly 3.4 percent, and even further below that of U.S. allies like Poland and Estonia, 4.1 percent and ...

Many in the English-speaking world perceive Taiwan’s defense spending as “measly.” But Taiwan’s president, Lai Ching-te, has taken a major step forward by committing to raise Taiwan’s ...

TAIPEI (Taiwan News) — Premier Cho Jung-tai (卓榮泰) on Wednesday said it is impossible to raise defense spending to 10% of GDP. Cho told the legislature, "It is impossible to allocate more than NT$2 ...

Taiwan's defense minister says the island is planning to boost defense spending in the face of the “rapidly changing international situation and the escalating threats from adversaries.” ...

WASHINGTON -- Taiwan needs to increase its defense spending to around 10% of gross domestic product, a figure quadruple the 2.45% it currently allocates, U.S. President Donald Trump's nominee for ...

The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country. By Chris Buckley Meaghan Tobin and Amy Chang Chien ...

WASHINGTON, March 4 (Reuters) - Taiwan needs to dramatically hike defense spending to around 10% of gross domestic product in order to deter a war with China, President Donald Trump's nominee to ...

Taiwan’s national priority on climate change is wildly misplaced. The island nation must boost defense spending in an increasingly hostile Asia-Pacific. It makes sense for a country facing ...

FILE - Soldiers cover M1167 HMMWV (High Mobility Multipurpose Wheeled Vehicle) anti-tank missile carriers during military drills in Pingtung County, southern Taiwan, Monday, Aug. 26, 2024.