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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.
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Free Access/TAIWAN: China Steps Up Military Activity In Fujian
Media outlets/social media accounts carry reports of China stepping up military readiness in Fujian province located opposite of Taiwan:
- Taiwan's Central News Agency reports that China has implemented airspace traffic control over Fujian, with a large number of commercial flights cancelled as a result.
- Footage of the PLA moving heavy military equipment in/around Fujian is doing the rounds in social media (unverified as of yet).
- The FT reports that "military units across the PLA's Southern Theatre Command, which is in charge of the South China Sea and some Taiwan-related missions, have entered a status of high alert."
- Note that China's military is conducting naval exercises in the South China Sea from August 2 to 6 and a live-fire drill in the Bohai Sea from August 1 to 4.
- Chinese outspoken nationalist commentator Hu Xijin tweeted the following: "based on what I know, in response to Pelosi's possible visit to Taiwan, Beijing has formulated a series of countermeasures, including military actions."
To read the full story
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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.