Taiwan Defense Ministry warns new laws could have ‘serious impact’ on security

taipei, taiwan —  Taiwan’s Defense Ministry warned of “serious impact” to security after opposition parties passed laws that require a cut in defense spending of about $2.45 billion as the island is facing an elevated Chinese military threat. Taiwan’s opposition parties, which hold a majority in parliament, last week passed legislation to shift spending from the central government to local municipalities, a move strongly contested by the ruling Democratic Progressive Party (DPP) and thousands of protesters. In a statement late Wednesday, the Defense Ministry said it might need to cut its defense budget plan by 28% for next year, equivalent

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