Taiwan's extra military spending of T$240 billion ($8.6 billion) over the next five years will go mostly toward naval weapons, including missiles and warships, the defence ministry said, warning that the threat from China was worse than ever.
Taiwan proposed the extra spending last month as tensions with China, which claims the island as its own territory, have hit a new high and Chinese military aircraft have repeatedlyThe ministry's draft spending proposal, a copy of which was reviewed by Reuters, was sent to parliament for review on Tuesday.
"The military threats and provocation are even more than before," it said, adding that any crisis was likely to escalate fast. The ministry is also proposing T$29.6 billion for Wan Chien air-to-ground missiles and the upgraded version of its Hsiung Feng IIE missile, the longer-range Hsiung Sheng land-attack missile.
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