Joe Biden Prepares To Sign Off on $10Bn Taiwan Security Package


Source: newsweek.com newsweek.com

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President Joe Biden is expected to sign off on an unprecedented $10 billion security assistance package for Taiwan this month as part of a must-pass bill to fund the Pentagon's operations next year. Provisions to bolster Taiwan's defense capacity and deter the ambitions of China are included in the compromise version of the National Defense Authorization Act for the fiscal year 2023, submitted by the House and Senate armed services committees on Tuesday. Beijing says the island is part of Chinese territory but Taipei rejects the sovereignty claims. The uneasy status quo across the Taiwan Strait has held for decades,...