Taiwan cuts military spending amid improved China ties Taipei (AFP) Jan 12, 2010 Taiwan has scaled back its military budget for 2010, officials said Tuesday, amid generally warming ties with its former bitter rival China. Taiwan's parliament, controlled by the Beijing-friendly Kuomintang party, rubber-stamped a budget of 297.4 billion Taiwan dollars (9.3 billion US) for the defence ministry. It is a 6.7 percent fall from the 318.6 billion dollar budget in 2009, the Cabinet-level Directorate General of Budget, Accounting and Statistics said. Ties between Taipei and Beijing have eased markedly since President Ma Ying-jeou of the Kuomintang was elected in March 2008 on a platform to boost trade with the mainland and to allow in more Chinese tourists. Even so, Taiwan remains wary of China's objectives, often citing more than 1,000 missiles lined up on its coastline facing the island. The US Defense Department announced last week that it had approved the sale of Patriot missile equipment to Taiwan as part of a package passed by Congress more than a year ago. The arms deal sparked strong protests from Beijing, who warned that the move would violate its security and severely undermine trust between the United States and Chinese militaries. The United States is the leading arms supplier to self-ruled Taiwan, even though it switched diplomatic recognition from Taipei to Beijing in 1979. China has over the years repeatedly threatened to invade Taiwan should the island declare formal independence. Beijing still regards Taiwan as part of its territory awaiting to be reunified, by force if necessary, although the island has governed itself since 1949 at the end of a civil war.
Share This Article With Planet Earth
Related Links Taiwan News at SinoDaily.com
China warns U.S. to cancel Taiwan arms Beijing (UPI) Jan 5, 2009 In the latest sign of deteriorating ties, China has warned the United States to halt an arms sale to Taiwan or face severe consequences. Chinese Foreign Ministry spokesman Jiang Yu lodged the threat during a regular news briefing in response to questions on U.S.-China relations in 2010. The warning comes amid plans by the U.S. government to sanction the sale of several billion do ... read more |
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2009 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal 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. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |