Want China Times
Taiwan’s military said Saturday that it will continue its efforts to maintain a
sufficient self-defense capability in the face of a growing threat from China, in response to the US Department of Defense’s annual report on China’s military developments.
In the 2015 report to Congress on military and security developments involving China, the US Pentagon noted that Taiwan’s military spending has dropped to approximately 2% of its GDP, while China’s official defense budget has grown to roughly 10 times that of Taiwan’s.
China’s official defense budget for 2014 was US$136.3 billion, while Taiwan’s defense budget for the same period stood only at US$10.3 billion, the report said. [FULL STORY]