GDP Ratio of Defense Costs Not Priority: Japan's Hayashi

Tokyo, March 5 (Jiji Press)--Raising the ratio of defense spending to gross domestic product is not a top priority in Japan's efforts to boost its defense expenditures, Chief Cabinet Secretary Yoshimasa Hayashi said Wednesday. "What's important is the substance of our defense capabilities," Hayashi told a news conference. "It's not that the amount and the GDP ratio are put before everything...

GDP Ratio of Defense Costs Not Priority: Japan's Hayashi
Tokyo, March 5 (Jiji Press)--Raising the ratio of defense spending to gross domestic product is not a top priority in Japan's efforts to boost its defense expenditures, Chief Cabinet Secretary Yoshimasa Hayashi said Wednesday. "What's important is the substance of our defense capabilities," Hayashi told a news conference. "It's not that the amount and the GDP ratio are put before everything...