Taiwan to spend $2.5 billion on anti-missile systems

TAIPEI, August 30- Taiwan plans to spend Tw$74.8 billion ($2.5 billion) in the next nine years to acquire anti missile systems to boost its aerial defences against China, a lawmaker and media said Saturday. The defence ministry aims to purchase the locally-made Tien Kung 3 (Sky Bow 3) surface to air missile system between 2015 […]

Read more here Capital News