Berliner Boersenzeitung - China fires missiles around Taiwan in major military drills

EUR -
AED 4.095102
AFN 72.480008
ALL 90.801688
AMD 402.807486
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.61933
AWG 2.007127
AZN 1.900047
BAM 1.955836
BBD 2.250342
BDT 139.162586
BGN 1.948955
BHD 0.422108
BIF 3342.96213
BMD 1.115071
BND 1.431727
BOB 13.402249
BRL 6.138357
BSD 1.117321
BTN 104.873949
BWP 15.391286
BYN 3.345962
BYR 21855.38619
BZD 2.247142
CAD 1.573644
CDF 2586.964483
CHF 0.914162
CLF 0.027822
CLP 1094.980351
CNY 7.444774
CNH 7.438418
COP 3608.76707
CRC 506.709417
CUC 1.115071
CUP 26.815498
CVE 110.267049
CZK 24.346956
DJF 198.963698
DKK 7.480457
DOP 67.891262
DZD 151.940824
EGP 59.957114
ERN 16.726061
ETB 183.378708
FJD 2.526309
FKP 0.834974
GBP 0.834166
GEL 2.893653
GGP 0.834974
GHS 13.055243
GIP 0.834974
GMD 83.077063
GNF 9896.183924
GTQ 8.538159
GYD 234.234353
HKD 8.744429
HNL 30.029558
HRK 7.547925
HTG 146.432722
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.834974
INR 104.716854
IQD 1693.83148
IRR 2108992.359359
ISK 136.919964
JEP 0.834974
JMD 177.323296
JOD 0.790629
JPY 176.710877
KES 145.192698
KGS 97.510486
KHR 4552.084602
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.931217
KZT 500.809308
LAK 25136.46717
LBP 100053.859534
LKR 371.556906
LRD 189.94353
LSL 18.477643
LTL 3.292514
LVL 0.674496
LYD 7.150133
MAD 10.921803
MDL 19.971371
MGA 5077.094359
MKD 61.556144
MMK 2341.587311
MNT 4015.514918
MOP 9.019368
MRU 45.108838
MUR 52.442198
MVR 17.176258
MWK 1937.436008
MXN 20.766565
MYR 4.528864
MZN 71.257178
NAD 18.477643
NGN 1502.23485
NIO 41.120764
NOK 10.548462
NPR 167.798119
NZD 2.015128
OMR 0.428348
PAB 1.117421
PEN 3.848972
PGK 5.092095
PHP 70.369926
PKR 309.016043
PLN 4.399568
PYG 6984.129802
QAR 4.084276
RON 5.343646
RSD 117.622186
RUB 91.352798
RWF 1649.13065
SAR 4.188587
SBD 8.974739
SCR 15.358485
SDG 670.719139
SEK 11.033072
SGD 1.430306
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 638.511867
SRD 41.908265
STD 23079.712667
STN 24.500455
SVC 9.776182
SYP 14498.149201
SZL 18.471343
THB 37.411034
TJS 10.307092
TMT 3.902748
TND 3.343362
TOP 2.684822
TRY 55.9111
TTD 7.577141
TWD 36.546782
TZS 2952.454872
UAH 50.616941
UGX 4570.084937
USD 1.115071
UYU 44.950835
UZS 13332.247784
VES 999.456181
VND 28526.296796
VUV 132.393741
WST 3.108622
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.013637
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.420333
ZMK 10036.978597
ZMW 22.703422
ZWL 359.052318
SSP 6406.340367
MXV 2.33632
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

China fires missiles around Taiwan in major military drills

China fires missiles around Taiwan in major military drills

China fired ballistic missiles and deployed fighter jets and warships on Thursday as it held its largest-ever military exercises around Taiwan, a show of force sparked by US House Speaker Nancy Pelosi's visit to the island.

Text size:

Pelosi was the highest-profile US official to visit Taiwan in years, defying a series of stark threats from Beijing, which views the self-ruled island as its territory.

In retaliation, China launched a series of exercises in multiple zones around Taiwan, straddling some of the busiest shipping lanes in the world and at some points just 20 kilometres (12 miles) from the island's shore.

The drills began around 12 pm (0400 GMT), and involved a "conventional missile firepower assault" in waters to the east of Taiwan, the Chinese military said.

The aim was to test the precision of the missiles and their ability to deny an enemy access to or control of an area, Eastern Theater Command spokesman Senior Colonel Shi Yi said in a statement.

Taiwan said the Chinese military fired 11 Dongfeng-class ballistic missiles "in several batches" and condemned the exercises as "irrational actions that undermine regional peace".

Taipei did not say where the missiles landed or whether they flew over the island.

AFP journalists on the border island of Pingtan saw several small projectiles flying into the sky followed by plumes of white smoke and loud booming sounds.

On the mainland, at what is said to be China's closest point to Taiwan, AFP saw a batch of five military helicopters flying at a relatively low altitude near a popular tourist spot.

Beijing has said the drills will last until midday on Sunday.

- 'Unprecedentedly close range' -

Beijing has defended the drills as "necessary and just", pinning the blame for the escalation on the United States and its allies.

"In the face of this blatant provocation, we have to take legitimate and necessary countermeasures to safeguard the country's sovereignty and territorial integrity," foreign ministry spokeswoman Hua Chunying said at a regular briefing Thursday.

Military analysts told Beijing's state broadcaster CCTV that the goal was to practice a possible blockade of the island and contain its pro-independence forces.

"The purpose is to show that the PLA is capable of controlling all the exits of the Taiwan Island, which will be a great deterrent to 'Taiwan independence' secessionist forces," Zhang Junshe, a senior researcher at China's Naval Research Institute, said.

"The operations are conducted in an unprecedentedly close range to the Taiwan Island," Meng Xiangqing, a military expert, stressed.

"The operations will leave a deterrence effect that is stronger than ever before."

The manoeuvres are taking place along some of the busiest shipping routes on the planet, used to supply vital semiconductors and electronic equipment produced in East Asian factory hubs to global markets.

Taiwan's Maritime and Port Bureau has issued warnings to ships to avoid the areas being used for the Chinese drills.

And the Taiwanese cabinet said the drills would disrupt 18 international routes passing through its flight information region (FIR).

- 'Some limits' -

Taiwan's 23 million people have long lived with the possibility of an invasion, but that threat has intensified under President Xi Jinping, China's most assertive ruler in a generation.

Analysts said the Chinese leadership is keen to project strength ahead of a crucial ruling party meeting this autumn at which Xi is expected to be given an unprecedented third term.

"China's announced military exercises represent a clear escalation from the existing baseline of Chinese military activities around Taiwan and from the last Taiwan Strait Crisis in 1995-1996," said Amanda Hsiao, senior analyst for China at the International Crisis Group.

Nevertheless, analysts have told AFP that China is not aiming to escalate the situation beyond its control -- at least for now.

Titus Chen, an associate professor of political science at the National Sun Yat-Sen University in Taiwan, said: "The last thing Xi wants is an accidental war."

(Y.Yildiz--BBZ)