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Taiwan proposes 12.9% on-year rise in defense spending for 2023

Taiwan proposes 12.9% on-year rise in defense spending for 2023

Taiwan unveiled a proposed 12.9% year-on-year increase in its defense budget for 2023 to T$415.1 billion ($13.72 billion) on Thursday amid tensions with China, which has sharply increased military activities near the democratically governed island.
 
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