China is expected to increase its military expenditures by 12.6 percent this year, sources said yesterday, as it boosts its capability of using force to conquer Taiwan.
The rise in spending comes with Washington voicing concern that China's military build-up could tilt the strategic balance with Taiwan and also threaten US forces in Asia.
In his report to the upcoming annual session of the National People's Congress, Finance Minister Jin Renqing (金人慶) is expected to propose raising military spending this year to 244.65 billion yuan (US$29.5 billion), sources said.
China's stated military budget has increased by double digits over most of the last 15 years with defense spending rising by more than 17 percent in 2001 and 2002.
It fell to a 9.6 percent clip in 2003 before rising again to 11.6 percent last year.
According to the CIA, China's publicized military budget is "less than half of China's actual defense spending."
Other military analysts say China's actual defense spending could be up to three times more than its stated figure as Beijing does not include new arms purchases and weapons' research and development in the figures.
The US defense budget is about US$400 billion this year, while Japan's is about US$47 billion.
Meanwhile, an American photojournalist was kicked and beaten by police in Beijing after he tried to document citizens handing in complaints to the nation's parliament, he said yesterday.
"I was in front of the complaints office just observing how they were manhandling and harassing petitioners," Michael Reynolds, a photographer for the European Pressphoto Agency (EPA), said of the Wednesday afternoon incident.
"As soon as I whipped out my camera, they [police] immediately encircled me and began grabbing me and my camera," he said.
Also See Story:
MAC says `Beijing's new law a blank check for PLA
RESPONSE: The transit sends a message that China’s alignment with other countries would not deter the West from defending freedom of navigation, an academic said Canadian frigate the Ville de Quebec and Australian guided-missile destroyer the Brisbane transited the Taiwan Strait yesterday morning, the first time the two nations have conducted a joint freedom of navigation operation. The Canadian and Australian militaries did not immediately respond to requests for comment. The Ministry of National Defense declined to confirm the passage, saying only that Taiwan’s armed forces had deployed surveillance and reconnaissance assets, along with warships and combat aircraft, to safeguard security across the Strait. The two vessels were observed transiting northward along the eastern side of the Taiwan Strait’s median line, with Japan being their most likely destination,
GLOBAL ISSUE: If China annexes Taiwan, ‘it will not stop its expansion there, as it only becomes stronger and has more force to expand further,’ the president said China’s military and diplomatic expansion is not a sole issue for Taiwan, but one that risks world peace, President William Lai (賴清德) said yesterday, adding that Taiwan would stand with the alliance of democratic countries to preserve peace through deterrence. Lai made the remark in an exclusive interview with the Chinese-language Liberty Times (sister paper of the Taipei Times). “China is strategically pushing forward to change the international order,” Lai said, adding that China established the Asia Infrastructure Investment Bank, launched the Belt and Road Initiative, and pushed for yuan internationalization, because it wants to replace the democratic rules-based international
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,