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Taiwan’s Lai Says Defense Spending to Reach 5% of GDP by 2030

Taiwan’s President Lai Ching-te said military spending is expected to reach 5% of GDP by 2030, underscoring his government’s ...

Taiwan president ups defence spending target to 5% of GDP

Taiwan President Lai Ching-te said on Friday he hoped defence spending would reach 5% of gross domestic product before 2030, ...