Japan needs to increase its military spending in the face of the “grim reality” of the threat from China and North Korea, a senior member of Japan’s ruling Liberal Democratic Party (LDP) said on Sunday during a visit to Taiwan. READ:
Although Chinese-claimed and democratically governed Taiwan and Japan do not have formal diplomatic ties, they have close unofficial relations and both share concerns about China, especially its increased military activities near the two.
As Japan prepares next year’s budget Prime Minister Fumio Kishida has already announced plans to lift defense spending to an amount equivalent to 2% of gross domestic product within five years, from 1% now. “It’s important to show clearly that we have sufficient capacity to make any would-be aggressor think twice.”
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