Taiwan Spent One Trillion Dollars on Military Purchase

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Last updated at: (Beijing Time) Tuesday, July 23, 2002

Taiwan Spent One Trillion Dollars on Military Purchase

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According to Taiwan media, one of the "legislation committee" members of the People First Party said that Taiwan's military expenditure exceeded 1 trillion Taiwan dollars in the past 10 years, America has become its largest beneficiary.

Statistics shows that on Taiwan's purchase list foreign military purchase topped 92% against a mere 8% self made, the yearly budget reached 60 billion Taiwan dollars, plus some other budgets, the total sum exceeded 1 trillion Taiwan dollars.

Air force facilities formed the focus of military purchase in the past 10 years, the expenditure making up 62% of the total fund. Taiwan's air forces have bought antisubmarine planes, air-to-air missiles, new radar systems and other state-of-art weapons.

In addition, Taiwan also purchased a lot of American-made weapons including tanks, antiaircraft missiles, various battle helicopters and anti-armored rockets.

Besides air force and land force facilities, Taiwan has bought a batch of antisubmarine, torpedo, anti-helicopter and other navy weapons as well.

By PD Online Staff Li Yan

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