Posted inBeijing, China, Taiwan

Increased Taiwanese military spending boosts suppliers, research

Defense research institutes and contractors in Taiwan are poised to reap profitable rewards as officials and lawmakers set out defense policy purchasing plans for 2019. Taiwan’s defense chief Yen De-fa told the island’s Legislative Yuan on Monday that defense expenditure for 2019 will increase significantly. Taiwan’s military budget for 2018 is NT$327.8 billion (US$10.7 billion), […]