Japan’s cabinet approves record defence budget amid escalating China tensions

Japanese strike-back capabilities and coastal defences to be boosted while Beijing accuses Tokyo of fuelling a ‘space arms race’Japan’s cabinet has approved a record high defence budget as tensions with China continue to spiral, with Beijing this week accusing Tokyo of “fuelling a space arms race”.The draft defence budget for the next fiscal year – approved on Friday – is more than ¥9tn ($58bn) and 9.4% bigger than …