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Market
Will Taiwan announce increased defense spending by Q1 2025 in response to PLA exercises?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official statements from the Taiwanese government or major global financial news sources.
Story
US Urges Restraint as China Conducts Military Drills Near Taiwan with PLA Bombers
May 27, 2024, 01:20 AM
The United States has expressed serious concerns over China's recent military activities near Taiwan, labeling them as provocations. The U.S. State Department has urged Beijing to exercise restraint and warned that using routine democratic transitions as a pretext for military actions risks escalation and undermines longstanding peace and stability in the Taiwan Strait. This comes amid reports of the People's Liberation Army (PLA) conducting military exercises and releasing videos simulating an invasion of Taiwan, with PLA bombers and fighter jet formations loaded with live munitions.
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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%
Strengthening of domestic military capabilities • 25%
Seeking stronger international alliances • 25%
Internal political changes • 25%
No significant change in policy • 25%
