TOKYO (Reuters) - Japan's government is likely to increase defence spending for the first time in 11 years, Japanese media reported on Saturday, as newly elected Prime Minister Shinzo Abe pledges a sterner response to a territorial dispute with China.
The government is considering increasing defence spending by around 2 percent to more than 4.7 trillion yen ($53.4 billion) in the fiscal year starting in April, the Mainichi newspaper reported. It gave no source for its information.
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