Defense spending this year must focus on the blockade threat, earmarking funds to stockpile spare parts for F-16 fighter jets and other weaponry, the Taiwanese Defense Ministry said on Monday, in a report seeking parliamentary budget approval. Since last year, the ministry has been reviewing its strategic fuel reserves and its capacity to repair equipment, said Reuters, which obtained a copy of the report.
The Taiwanese military will also need to replenish its stores of artillery shells and rockets “to strengthen combat continuity,” the ministry said. China’s military has been conducting joint force operations “with an eye to controlling strategic choke points and denying access to foreign forces.”
Tensions over the breakaway republic, which China considers to be part of its territory, have escalated since then-US House Speaker Nancy Pelosi traveled to Taipei last August. Beijing, which had warned that such a visit would encourage Taiwanese separatists and undermine its sovereignty, responded by ramping up military exercises around Taiwan and cutting off defense and climate ties with Washington.
The Taiwanese Defense Ministry said its budget for this year should prioritize funding for US-made weapons, including Stinger anti-aircraft missiles and the M142 High Mobility Artillery Rocket System (HIMARS).
Chinese President Xi Jinping called on Monday for building China’s military into a “great wall of steel” to protect Beijing’s interests and provide greater stability and security. He has refused to rule out reunifying with Taiwan by force, if necessary.
China’s defense spending will rise to $230 billion this year, up 7.2% from 2022’s budget. Then-Chinese Premier Li Keqiang vowed earlier this month to “take resolute steps to oppose Taiwan independence.”
A US-China war over Taiwan would result in devastating losses for both sides, according to a recent study by the Center for Strategic and International Studies (CSIS), a Washington think tank. A Chinese invasion of Taiwan would ultimately fail, CSIS said, but US and Japanese forces would lose dozens of warships, hundreds of planes and thousands of troops. Taiwan would be left in ruins, “without electricity and basic services.”
Source Credibility: The source of this content is RT (rt.com), an international news channel that is publicly financed by the Russian Federation. To learn about CorruptionLedger's stance on freedom of speech and press, click here.
- Any text modified or added by CorruptionLedger is highlighted in blue.
- [...] These characters indicate content was shortened. This is used for removing unnecessary/biased/flowery language. Example: The
oppressive government imposed a curfew becomes: The [...] government imposed a curfew.