Taiwan to boost arms spending with extra cash for missiles and ‘carrier killer’ ships amid growing pressure from mainland China

Taiwan is planning to spend NT$240 billion (US$8.7 billion) over the next five years on domestically produced arms, including missiles capable of striking mainland China, as part of its efforts to strengthen its defences.A special budget to buy several types of missiles – including Wan Chien (Ten Thousand Swords) cruise missiles, Tien Kung (Sky Bow) anti-ballistic missiles, short -range Tien Chien (Sky Sword) and medium-range Hsiung Feng (Brave Wind) missiles – was approved by the cabinet on…