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Free AccessMNI China Daily Summary: Friday, December 13
MNI US OPEN - UK Economy Contracts for Second Straight Month
China Shows Mettle In North Korea 'Missile Intercept': Press
BEIJING (MNI) - China has held military exercises simulating the takedown
of "incoming missiles" from North Korea, according to a report in Hong Kong's
South China Morning Post published late Tuesday.
The drills, held in the early hours of Tuesday, were conducted in the area
of Bohai Bay, in waters that separate China from North Korea, the report said,
citing the official Chinese military news website 81.cn.
The website said the Chinese military's missile-defense force shot down the
missiles in the simulated attack on the first attempt.
The drills followed North's Korea's detonation of a sixth nuclear bomb on
Sunday -- a blast with far more destructive power than the nuclear bombs dropped
on Japan in World War II and which caused tremors in northeastern China.
China has held three military exercises in the Bohai Bay area since late
July, the SCMP report said.
The SCMP report quoted Li Jie, a Beijing-based naval expert, as saying that
China's latest military drills showed that China "is prepared and able to stop
any power that threatens stability in the region," and was also a warning to
U.S. President Donald Trump, who has threatened the use of military force to
rein in North Korea.
"At the moment, the U.S. is showing some restraint, but Trump is not a
predictable president, and he could make a surprise move," the report quoted Li
as saying. "China can only rely on [conducting] more drills to raise its
military capability amid an unstable situation."
--MNI Beijing Bureau; +86 (10) 8532-5998; email: vince.morkri@marketnews.com
--MNI BEIJING Bureau; +1 202-371-2121; email: john.carter@mni-news.com
[TOPICS: M$A$$$,M$Q$$$,MC$$$$,MT$$$$,MGQ$$$]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.