Taiwan Prepares Record $19.4 Bn Defense Budget for 2023
With China continuing to ramp up coercion operations in the wake of U.S. House Speaker Nancy Pelosi’s visit to Taiwan on August 2, the government of Taiwan’s president, Tsai Ing-wen, has proposed a 13.9 percent year-on-year nominal increase to the defense budget for 2023. The ramp-up in spending wou…
