President Joe Biden agreed to provide $571.3 million in defense support for Taiwan, the White House said, following China's massing of naval forces around Taiwan last week.

U.S. President Joe Biden on Friday agreed to provide $571.3 million in defense support for Taiwan, the White House said, while the State Department approved the potential sale to the island of $265 million worth of military equipment.

US President Joe Biden approved $571.3 million in defense assistance for Taiwan on Friday, the White House said, as the Democrat prepares to leave office ahead of the January inauguration of Donald Trump.