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China Daily / 2024-09 / 02 / Page008

Japan careering along dangerous road without due care and attention

By LI YANG | China Daily | Updated: 2024-09-02 00:00
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The Japanese Ministry of Defense announced its application for the defense budget for fiscal year 2025 on Friday, a record high of 8.54 trillion yen ($59.15 billion). If the application is approved, it will be the 13th consecutive year that Japan has increased its defense budget.

In recent years, Japan has been running wildly on the dangerous road of expanding its military, which deserves high vigilance from neighboring countries and the international community.

Against the backdrop of overall deflation in Japan's economy, sluggish investment and consumption, the rapid growth of military spending has greatly increased the debt burden of the Japanese government, which is one of the reasons why Japanese Prime Minister Fumio Kishida announced that he would stand down at the end of this term.

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