Japan raises military budget to counter China's assertiveness: Report

Singapore, December 26 (ANI): In order to counter China's assertiveness, Japan has raised its military spending to record levels, reported The Singapore Post.

Japan's new National Security Strategy pledged to increase its defence budget from 1 per cent of GDP to 2 per cent. The Kishida government approved a record USD 862 billion budget for the 2023 fiscal year, with a large portion earmarked for defence spending amid ris