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Taiwan's cabinet plans defence spending next year of T$949.5 billion ($31.27 billion), amounting to 3.32% of gross domestic product, the official Central News Agency said on Thursday, set to cross a ...

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Taiwan's cabinet will propose defence spending of T$949.5 billion ($31.27 billion) for next year, accounting for 3.32% of gross domestic product, the official Central News Agency reported on Thursday.