China News  
TAIWAN NEWS
Taiwan's Tsai seeks $11 bn defence budget as China threat grows
by Staff Writers
Taipei (AFP) Aug 6, 2018

Taiwan's President Tsai Ing-wen said Monday she is seeking to ramp up spending on the armed forces, as relations with China deteriorate.

Her proposal to increase the 2019 defence budget by 5.6 percent to Tw$346 billion ($11.3 billion) will go before parliament following the summer recess.

Beijing sees democratic self-ruling Taiwan as part of its territory to be brought back into its fold, by force if necessary.

China has stepped up pressure on Taiwan since Tsai came to power two years ago, as her government refuses to acknowledge the island is part of "one China".

It has staged a string of air and naval exercises, including a live-fire drill in the Taiwan Strait in April, which Chinese officials said were aimed at Taiwan's "independence forces".

"There have been many changes in international and regional situations and our national security is faced with more obvious and complicated threats," Tsai said Monday as she attended a naval ceremony and announced the defence spending plan.

Up Tw$18.3 billion from the previous year, it would account for 2.16 percent of the GDP.

The 2018 defence budget was only up 1.9 percent on the year before, at Tw$327.7 billion.

Around a fifth of the 2019 budget would be spent on "defence self-sufficiency" projects, Tsai said.

Taiwan wants to beef up its homegrown defence systems, particularly its submarines.

The United States government this year approved a licence required to sell submarine technology to Taiwan, part of warming relations between the two sides.

Although the US does not have official diplomatic relations with Taipei after switching recognition to Beijing in 1979, it remains Taiwan's most powerful ally and arms supplier.

A long-stalled offer approved by then US president George W Bush in 2001 to supply eight conventional submarines has never come to fruition.

Last year, Taiwan also announced its bid to create a new generation of locally built jet trainers by 2026.


Related Links
Taiwan News at SinoDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TAIWAN NEWS
Pakistan hits back at 'inappropriate' US fears over IMF bailout
Islamabad (AFP) Aug 1, 2018
Pakistan hit back Wednesday at US fears that any IMF bailout its new government might have to seek would be used to repay Chinese loans, stating that it was "totally wrong" to link the two. Abdullah Hussain Haroon, the caretaker foreign minister, said that a new government led by Imran Khan, who won the country's general election last week, would have to decide whether to approach the International Monetary Fund (IMF) amid fears of a balance of payments crisis. However he also dismissed as "inap ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TAIWAN NEWS
China developing in-orbit satellite transport vehicle

PRSS-1 Satellite in Good Condition

China readying for space station era: Yang Liwei

China launches new space science program

TAIWAN NEWS
Are tech titans teetering atop the market?

GM seeks to exempt Buick SUV from looming Trump tariffs

HSBC to pay $765m US fine over crisis-era conduct

White House slams 'weak' Chinese tariff threat, 'lousy' economy

TAIWAN NEWS
TAIWAN NEWS
The lightning Russia-Georgia war

Russia used lessons from Georgia war in Ukraine conflict

Kremlin warns of conflict if Georgia joins NATO

Sweden, Finland say Russia has 'false' defence information

TAIWAN NEWS
Extreme makeover: Fukushima nuclear plant tries image overhaul

Framatome becomes main distributor of Chesterton valve packing and seals for the nuclear energy industry

SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant

EDF sees new delay, cost overruns for nuclear reactor

TAIWAN NEWS
Googlers bristle at censoring search for China

Amnesty alleges "hostile" government behind spyware attack

Google developing censor-friendly search engine for China

China's former internet czar charged with taking bribes

TAIWAN NEWS
Extreme makeover: Fukushima nuclear plant tries image overhaul

Framatome becomes main distributor of Chesterton valve packing and seals for the nuclear energy industry

SUSI submarine robot enables successful visual Inspection at Asco Nuclear Power Plant

EDF sees new delay, cost overruns for nuclear reactor

TAIWAN NEWS
Searching for wind for the future

Clock starts for Germany's next wind farm

ENGIE: Wind energy footprint firmed up in Norway

Batteries make offshore wind energy debut









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.