Japan's latest defense white paper argues that military spending can strengthen both national security and the economy by boosting technology, startups, and domestic arms production.

Japan's latest defense white paper argues that military spending can strengthen both national security and the economy by boosting technology, startups, and domestic arms production. It labels China as Japan's greatest strategic challenge and signals further defense spending focused on deterring a Taiwan conflict. However, questions remain over how the government will finance an even larger military buildup while managing Japan's strained public finances. Source: Reuters