Japanese Cabinet Approves Record Defense Budget; China Launches New Amphibious Warship

Japanese Cabinet Approves Record Defense Budget; China Launches New Amphibious Warship

Japan’s cabinet approved a new $55.13 billion defense budget on Friday, marking the 13th consecutive year that Tokyo has increased defensing spending. The approval of the draft Fiscal Year 2025 budget of 8.7 trillion yen comes in the third year of Japan’s new Defense Buildup Program, issued in 2022, which seeks to increase Japan’s defense capabilities in a five-year period. Meanwhile, China on Friday launched the first ship in a new class of amphibious warships that’s equipped with an Electromagnetic Aircraft Launch System (EMALS), allowing it to launched fixed-wing aircraft. Japan’s defense budget approval also marked the first time the Japanese

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