Taiwan Plans Record Defense Budget to Counter China, Report Says

Taiwan plans a record NT$1.1 trillion ($34.1B) military spend in 2027 as the US urges it to do more to deter China. The announcement underscores escalating defense priorities tied to cross-strait security risk, which is likely to be viewed as a broader geopolitical headwind for markets.

Analysis

Taiwan plans a record NT$1.1 trillion ($34.1B) military spend in 2027 as the US urges it to do more to deter China. The announcement underscores escalating defense priorities tied to cross-strait security risk, which is likely to be viewed as a broader geopolitical headwind for markets.