Taiwan to buy US-made anti-missile system

Taiwan's main opposition party will vote to approve funding of a U.S.-made anti-missile system for the island's defense after delaying the measure for more than two years, a party leader said on Wednesday.

Caucus whip Tseng Yung-chuan said the Nationalist party had agreed to funding for four units of the Patriot III.

Opposition lawmakers previously had argued that the arms deal would spark an arms race with rival China that could bankrupt Taiwan's economy.

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