Taiwan's President Lai lashes out against Beijing, pledges $40 billion in additional defense budget

Beijing considers democratically governed Taiwan as its own territory and regards its reunification with the mainland "a historical inevitability." Taiwan rejects those claims.

# Taiwan's President Lai lashes out against Beijing, pledges $40 billion in additional defense budget Beijing considers democratically governed Taiwan as its own territory and regards its reunification with the mainland "a historical inevitability." Taiwan rejects those claims. **Read the full article:** [CNBC](https://www.cnbc.com/2025/11/26/taiwan-president-lai-china-japan-xi-trump-defense.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*