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Significant increase in Taiwan's defense budget post-drills by end of 2024?
5
China•Taiwan•Eastern Theater Command•PLA•Taiwan Strait•Taiwan Island•Kinmen•Matsu•Wuqiu•Dongyin•Chinese
Resolution / Starting Odds
Yes • 50%
No • 50%
Taiwan government budget reports, major news sources
Story
China Begins Joint Sword-2024A Military Drills Surrounding Taiwan from May 23 to 24
May 23, 2024, 12:44 AM
China has initiated extensive military drills surrounding Taiwan, involving the Eastern Theater Command of the People's Liberation Army (PLA). The exercises, named Joint Sword-2024A, began at 7:45 a.m. on Thursday, May 23, and are set to continue until Friday, May 24. The drills are being conducted in the Taiwan Strait, as well as the north, south, and east of Taiwan Island, and around the islands of Kinmen, Matsu, Wuqiu, and Dongyin. These maneuvers come just days after Lai Ching-te was inaugurated as the new president of Taiwan. Chinese officials have stated that the drills serve as a 'strong punishment' for 'separatist acts' and a warning against interference from external forces. Taiwan's military has responded by deploying sea and air forces to ensure the island's defense.
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Increase in military spending • 25%
Formation of new military alliances • 25%
Deployment of additional anti-missile systems • 25%
No significant change in military posture • 25%
Yes • 50%
No • 50%
Increase in budget • 33%
New military drills • 33%
Both budget increase and new drills • 33%
Strengthening of domestic military capabilities • 25%
Seeking stronger international alliances • 25%
Internal political changes • 25%
No significant change in policy • 25%
