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Finance minister supports increase in defense budget

  • August 11, 2021
  • , Nikkei
  • JMH Summary

Nikkei focused on remarks made to the press on Tuesday by Finance Minister Aso, who underscored that he supports the continued uptick in Japan’s defense expenditure for FY2022 and beyond. In reference to China’s rapid military buildup, the cabinet official was quoted as saying: “Defense spending should be something that is relative, not absolute. If others increase it, we should do so accordingly.” He stressed that Japan has to step up its deterrence against China’s maritime push in the South and East China Seas and around the Taiwan Strait.

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