China’s rubber-stamp parliament, the National People’s Congress, has given Chinese President Xi Jinping (習近平) a precedent-breaking third term in office. It also announced a national defense budget of 1.56 trillion yuan (US$226.6 billion) for this year, 7.2 percent more than last year. Taiwan should take this as reason to be more determined in the face of its authoritarian neighbor.
While calling for “peaceful unification,” China has increased its military budget by at least 6.6 percent every year for the past three decades, which has been perceived as being aimed at preparing for the annexation of Taiwan and domination of the Western Pacific amid a growing rivalry with the US.
Despite its GDP growth rate of 3 percent last year, China not only increased its national defense budget, but also raised its public security budget, which is used to maintain public order, to 6.4 percent — its biggest increase in five years. China has also reportedly doubled its public security budget in 10 years, surpassing the defense budget.
Yasuhiro Matsuda, professor of international politics at the University of Tokyo’s Institute for Advanced Studies on Asia, has said that these budget increases reveal China’s insecurity regarding international competition and domestic pressure. It is also a way for Xi to secure his leadership and divert domestic criticism of Beijing’s expansionist plans.
China has repeatedly said it wants to build a “world-class force” by 2047 to be the basis for Xi’s “Chinese Dream” and coincide with the 100th anniversary of the People’s Liberation Army. China’s ambitions and military assertiveness have led to speculation about an invasion of Taiwan and intensified disputes in the South China Sea, which are harmful to regional and international peace.
Taiwan increased its defense budget for this year to 2.4 percent of GDP. Taiwan is not aiming to compete with China’s military, but to focus on the development of the nation’s asymmetric combat capabilities for self-defense.
Beijing’s increases in military spending have resulted in more countries uniting against China. Taiwan should further develop this international counterforce to China’s military expansion to back it up in the event of an invasion.
Washington increased its military budget to US$773 billion for this year, and the Pentagon is reportedly asking for US$842 for next year, putting China at a distant second. The US has also passed bills, including the National Defense Authorization Act for Fiscal Year 2023, to grant Taiwan the same status as its major allies that are not members of NATO, such as Thailand and South Korea.
Japan raised its defense budget for this year to US$52 billion, and is seeking to increase it to 2 percent of GDP by 2027, which would give it the world’s third-largest defense budget. China’s launching of missiles into Japan’s territorial waters pushed Tokyo to bolster its military in line with former Japanese prime minister Shinzo Abe’s statement that a “Taiwan emergency is a Japanese emergency.”
Other international actors are also becoming more involved. The UK said it would permanently deploy two warships in Asia, and Germany sent a warship to the South China Sea for the first time in almost 20 years. After a record number of Chinese incursions in Phillipine waters, Philippine President Ferdinand Marcos Jr is granting the US greater military access to his country. These developments show that more countries are joining like-minded democratic nations to cooperate against the military threat posed by China.
No country should be engaged in an arms race, but to have peace, a nation must prepare for war. Russia’s setbacks in Ukraine should show China that any military invasion or blockade in the Taiwan Strait or elsewhere in Asia would definitely come at a huge cost.
Taiwan is a small, humble place. There is no Eiffel Tower, no pyramids — no singular attraction that draws the world’s attention. If it makes headlines, it is because China wants to invade. Yet, those who find their way here by some twist of fate often fall in love. If you ask them why, some cite numbers showing it is one of the freest and safest countries in the world. Others talk about something harder to name: The quiet order of queues, the shared umbrellas for anyone caught in the rain, the way people stand so elderly riders can sit, the
Taiwan’s fall would be “a disaster for American interests,” US President Donald Trump’s nominee for undersecretary of defense for policy Elbridge Colby said at his Senate confirmation hearing on Tuesday last week, as he warned of the “dramatic deterioration of military balance” in the western Pacific. The Republic of China (Taiwan) is indeed facing a unique and acute threat from the Chinese Communist Party’s rising military adventurism, which is why Taiwan has been bolstering its defenses. As US Senator Tom Cotton rightly pointed out in the same hearing, “[although] Taiwan’s defense spending is still inadequate ... [it] has been trending upwards
Small and medium enterprises make up the backbone of Taiwan’s economy, yet large corporations such as Taiwan Semiconductor Manufacturing Co (TSMC) play a crucial role in shaping its industrial structure, economic development and global standing. The company reported a record net profit of NT$374.68 billion (US$11.41 billion) for the fourth quarter last year, a 57 percent year-on-year increase, with revenue reaching NT$868.46 billion, a 39 percent increase. Taiwan’s GDP last year was about NT$24.62 trillion, according to the Directorate-General of Budget, Accounting and Statistics, meaning TSMC’s quarterly revenue alone accounted for about 3.5 percent of Taiwan’s GDP last year, with the company’s
In an eloquently written piece published on Sunday, French-Taiwanese education and policy consultant Ninon Godefroy presents an interesting take on the Taiwanese character, as viewed from the eyes of an — at least partial — outsider. She muses that the non-assuming and quiet efficiency of a particularly Taiwanese approach to life and work is behind the global success stories of two very different Taiwanese institutions: Din Tai Fung and Taiwan Semiconductor Manufacturing Co (TSMC). Godefroy said that it is this “humble” approach that endears the nation to visitors, over and above any big ticket attractions that other countries may have