Taiwanese President Tsai Ing-wen announced during her recent trip to Taiwan’s Pacific Ocean allies that the Republic of China (Taiwan’s official name) would increase defence spending by 2 per cent annually. The United States recently expressed concerns that a military imbalance was developing in the Taiwan Strait, Taiwan media reported U.S. Ambassador James Moriarty as saying. Taiwan and the U.S. are de-facto allies, even though they no longer have official diplomatic ties. Taipei a…