Taiwan plans to spend $1.4 billion on new fighter jets amid rising China military activity

Taiwan announced a modest pace in defense spending for next year on Thursday, but will spend $1.4 billion on new fighter jets, as the island bolsters its forces in the face of increased pressure from Beijing.

source https://www.cnn.com/2021/08/26/asia/taiwan-defense-spending-intl-hnk/index.html