Taiwan plans to double its annual production of missiles to more than 500. This is reported by Reuters citing a report from the Ministry of Defense. Added to this are special military expenditures. According to the report, in addition to the regular defense budget, which is the equivalent of around €15 billion in 2022, a one-time €7.7 billion is to be provided for the next five years.
Continue reading now
Get 30 days of free access to the Decision Brief to read these and more quality news every day.
Are you already a guest at the China.Table? Log in now