Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP

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Japan Ruling Party Calls for Defense Spending Boost to 2% of GDP
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Japan should aim to nearly double its defense spending over the next five years to 2% of gross domestic product and ease restrictions on arms exports, a ruling-party panel said Thursday, citing threats from China.

In February, Russia’s President Vladimir Putin and China’s Xi Jinping declared that their friendship had no limits. Now, the war in Ukraine is testing that relationship.

WSJ’s Shelby Holliday explores how the war in Ukraine is weighing on Beijing. Photo: Associated PressTOKYO—had mentioned the 2% level in its election platform last year, but the latest proposal was the first time party policy makers gave a specific time frame, highlighting how the emergence of

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