TOKYO — Japan's defence ministry on Thursday (Aug 31) requested a record budget worth US$53 billion (S$72 billion) for the next fiscal year as tensions rise with China and North Korea.
's defence ministry on Thursday requested a record budget worth US$53 billion for the next fiscal year as tensions rise with China and North Korea.
The ministry wants 380 billion yen to build two new warships rigged with the United States-developed Aegis missile defence system. Japan has been alarmed by China's expanding military ambitions including the possibility of a violent takeover of Taiwan.
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