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The latest F-16s are probably inferior to the J-20 and, in the arena of air-to-air combat, on par with China's other top fighter planes. However, the Taiwanese planes would be fighting over home territory with all the benefits that brings in terms of time-on-station, ground-based radar, and...

I wonder if Taiwan would have been better-off buying the F-35. Is the F-35 too expensive? Taiwan has a local supply chain for F-16 spare parts so that's something to consider.