Taiwan reports rise in Chinese military activity as U.S. election nears

Taiwan reports rise in Chinese military activity as U.S. election nears


Taiwanese Coast Guard personnel work on a vessel off the coast of Nangan Township, in the Matsu Islands on Oct. 15, 2024, a day after China conducted the “Joint Sword-2024B” military drills around Taiwan.

Daniel Ceng | AFP | Getty Images

Taiwan’s defense ministry said on Sunday it had spotted 35 Chinese military aircraft, including fighters and bombers, flying to the island’s south on the way to exercises in the Pacific, a second day in a row it has reported such activities.

China, which views democratically governed Taiwan as its own territory despite the strong objections of the government in Taipei, regularly sends its military in the skies and waters near the island seeking to enforce its sovereignty claims.

China’s defense ministry did not respond to a request for comment on the missions, reported just days before Tuesday’s U.S. presidential election.

The United States is bound by law to provide Taiwan with the means to defend itself, and its arms sales to Taipei, including a $2 billion missile system announced last month, infuriate Beijing.

Taiwan’s defense ministry said that from 9 a.m. (0100 GMT) on Sunday it had detected 37 Chinese military aircraft, including J-16 fighters, nuclear-capable H-6 bombers and drones.

Of those, 35 aircraft flew to Taiwan’s southwest, south and southeast into the Western Pacific to carry out long-range training, the ministry said, adding it had sent its own forces to keep watch.

On Saturday, the ministry said China had carried out another “joint combat readiness patrol” with warships and aircraft near Taiwan.

China last month held large war games around Taiwan it said were a warning to “separatist acts,” drawing condemnation from the Taiwanese and U.S. governments.

Beijing strongly dislikes Taiwan President Lai Ching-te, who took office in May, saying he is a “separatist.” He says only Taiwan’s people can decide their future and has repeatedly offered talks with Beijing but been rebuffed.



Source

Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence
World

Chair nominee Kevin Warsh says Fed must ‘stay in its lane’ to maintain independence

Federal Reserve chair nominee Kevin Warsh said Monday the central bank must be largely independent of political influence but also should stay focused on its primary goals. In remarks to be delivered Tuesday to the Senate Banking Committee, Warsh also expressed firm commitment to fighting inflation with only one mention of the labor market. “Simply […]

Read More
Howard Marks says there are very few cheap stocks: ‘Bargains come when people panic’
World

Howard Marks says there are very few cheap stocks: ‘Bargains come when people panic’

Howard Marks warned that investors hunting for bargains may be disappointed, saying markets are still far from distressed levels despite bouts of volatility. The co-founder and co-chairman of Oaktree Capital Management, who famously foresaw the dot-com bubble, said the current environment reflects an ongoing “tug of war” between bullish and bearish forces, with optimism largely […]

Read More
Investors are misreading news about the Iran war, analysts say as markets whipsaw
World

Investors are misreading news about the Iran war, analysts say as markets whipsaw

An Iranian flag flutters as a woman walks past damaged buildings amid a 10-day ceasefire between Lebanon and Israel, in the southern suburbs of Beirut, Lebanon, April 20, 2026. Marko Djurica | Reuters “Complacent” investors risk getting wrong-footed as they continue to misread developments in the Iran war, analysts said after markets reacted to the […]

Read More