Taiwan plans to boost defence spending by a fifth next year, surpassing 3% of gross domestic product, as it invests billions ...

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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.

It also faces calls from Washington to spend more on its own defence, mirroring pressure from the US on Europe.

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