Japan Extra Defense Budget Hits Record Amid China Tensions

Japan Ground Self-Defense Force members board a landing craft during a joint exercise off the coast of Tanegashima island, Japan, on Nov. 25

Photographer: Kiyoshi Ota/Bloomberg
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Japan is planning its biggest-ever allocation to defense spending in an extra budget, as it seeks to speed up missile defense projects with China tensions simmering.

The cabinet Friday approved a request of 774 billion yen ($6.8 billion), part of which is brought forward from the planned budget for next financial year.