Japan Cabinet OKs record budget for 2015, raises defence outlays with eye on China
at 03:22 on January 14, 2015, EST.
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TOKYO - Japan's Cabinet approved the country's largest ever defence budget on Wednesday, including plans to buy surveillance aircraft, drones and F-35 fighter jets to help counter China's rising assertiveness in the region.
Prime Minister Shinzo Abe's Cabinet endorsed a nearly 5 trillion yen ($42 billion) defence budget for the year beginning in April as part of a record 96.3 trillion yen ($814 billion) total budget.