Japan’s Defense Spending to Increase for First Time in 11 Years

Japan is set to increase its defense budget for the first time in 11 years and boost Coast Guard spending as it copes with rising tensions with China over islands claimed by both countries. The defense budget will rise by 0.8 percent to 4.68 trillion yen ($51.7 billion), the Defense Ministry sai…

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Japan’s Defense Spending to Increase for First Time in 11 Years

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