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/BloombergThis article is for subscribers only.
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.