00:00Taiwan President Lai Ching-de says he hopes the country's defense budget can reach 5% GDP by 2030.
00:06Lai Ching-de's remarks come after the Cabinet approved its general budget proposal for 2026,
00:32which includes a US$31 billion defense budget. It marks the first time since 2009 that a country's
00:39military spending would exceed 3% of GDP. Taiwan has been facing calls from the US and other
00:44allies to increase its defense spending in the face of invasion threats from China.
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