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Xinhua Asia-Pacific news summary at 1600 GMT, March 2

TOKYO — Japan’s lower house of parliament on Saturday approved a 112.57 trillion yen (750 billion U.S. dollar) budget for fiscal year 2024, with record allocations made for social security costs and controversial defense spending.

The budget, although smaller than the record 114.38 trillion yen allocated for the current fiscal year to March, is still the second-largest, underscoring the urgency for debt-ridden