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Japan's New Proposed Defense Budget Is the Biggest Ever

The new Japanese cabinet of Prime Minister Sanae Takaichi is continuing to escalate its aggressive military stance toward China. The cabinet has approved a record defense budget proposal of more than 9 trillion yen ($58 billion) for the coming fiscal year. This is part of the effort to bring Japan’s defense spending to 2% of GDP, a move which it has been under pressure by the U.S. to do for some time.

According to Anadolu, Japan plans to rebrand its Air Self-Defense Force as the Air and Space Self-Defense Force, as well as spend 30.1 billion yen ($193 million) for procuring hypersonic guided missiles.

If the proposed budget goes through, Japan is expected to become the world’s third-largest defense spender after the United States and China, according to Al Jazeera.