Taiwan Defence & Security Report 2016 - New Market Research Report
With President-elect Tsai Ing-wen's independence-leaning administration taking office in May 2016, relations with mainland China have cooled. In comparison to China's People's Liberation Army, Taiwan's military is small in size, and lacks technologically advanced equipment. Compounded by our view that the US is increasingly unlikely to come to Taiwan's aid in the event of military conflict with the mainland, domestic demand for modern equipment is significant and rising, particularly for products such as advanced multi-role combat aircraft, submarines and air...
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