Share

Japan's $42bn military budget to counter China

Tokyo - Japanese Prime Minister Shinzo Abe's government approved a record $42bn military budget on Wednesday, with outlays rising for a third year to counter China's rising military might.

The draft budget for the fiscal year from April includes a 2.8% rise in defence spending to ¥4.98trn, for items such as planes, naval vessels and fighting vehicles to guard waters bordering China, which has a long-running dispute with Tokyo over Japanese-held islands in the East China Sea.

"The situation around Japan is changing," defense minister Gen Nakatani said. "The level of defence spending reflects the amount necessary to protect Japan's air, sea and land, and guard the lives and property of our citizens."

Abe has reversed a decade of military spending cuts as he seeks a more robust posture for the long-pacifist government, although his modest increases are dwarfed by China's double-digit rises in defence spending.

Beijing said last March it was raising annual defence spending by 12% to $130bn.

China's foreign ministry said Japan's proposal to increase military spending sent a signal about its willingness to help "foster peace and stability in the region".

"Japanese government policies in the field of military safety have always received the close attention if its Asian neighbouring countries and the international community because they are a weather vane of whether Japan is willing to walk the path of peaceful development," said ministry spokesperson Hong Lei at a daily briefing.

Japan's new outlays will help pay for troop-carrying Boeing Osprey tilt-rotor aircraft, Northrop Grumman Global Hawk surveillance drones, Lockheed Martin F-35 stealth fighters, and Kawasaki Heavy Industries P-1 submarine hunting planes and stealthy Soryu submarine.

The budget also includes spending to relocate US troops away from Okinawa Island, where locals have protested a heavy American presence.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.03
-0.1%
Rand - Pound
23.79
+0.0%
Rand - Euro
20.41
-0.0%
Rand - Aus dollar
12.42
-0.2%
Rand - Yen
0.12
+0.3%
Platinum
930.40
+0.5%
Palladium
994.00
+0.4%
Gold
2,335.42
+0.1%
Silver
27.56
+0.5%
Brent-ruolie
89.01
+1.1%
Top 40
68,437
0.0%
All Share
74,329
0.0%
Resource 10
62,119
0.0%
Industrial 25
102,531
0.0%
Financial 15
15,802
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders