Taiwan Boosts Defense with $40 Billion Special Budget Amid Rising China Tensions

Nov 27, 2025 02:09 am CST

Taiwan's President Lai Ching-te has announced a special $40 billion defense budget spanning 2026-2033 to strengthen the island's military capabilities against China's growing threats. The plan includes developing the Taiwan Dome air defense system and acquiring precision-strike missiles, demonstrating Taiwan's commitment to increasing defense spending to 5% of GDP by 2030 amid escalating regional tensions.