Taiwan’s Historic Defense Budget Surge Amid China Tensions

Taiwan is preparing to announce a significant 16% rise in its 2027 defense budget, pushing the figure beyond T$1 trillion for the first time, according to a report by the Central News Agency. This comes as the island nation strengthens its military infrastructure in response to increasing tension from China. The defense budget proposal, expected to be finalized on August 20, is part of Taiwan’s ongoing military modernization efforts, including the development of made-in-Taiwan submarines. The budget, comprising over T$1.1 trillion, aims to meet new demands from Washington for increased self-defense spending amid China’s rapid military advancements. China, considering Taiwan…