China Holds Military Drills Around Taiwan As 'Strong Punishment'
China held its biggest military drills in a year around Taiwan, just days after Lai Ching-te took over as the island’s new president.
(Bloomberg) -- China started its most expansive military drills in a year around Taiwan, just days after Lai Ching-te took over as the island’s new president.
The drills on Thursday were intended to “serve as a strong punishment for the separatist acts of ‘Taiwan independence’ forces and a stern warning against the interference and provocation by external forces,” the official Xinhua News Agency reported, citing a military spokesman.
The “external forces” line is likely a reference to the US, which is Taiwan’s main military backer. President Joe Biden has repeatedly said the US would defend the democracy of 23 million people if it’s attacked, while China has pledged to bring Taiwan under its control, by force if necessary.
Taiwan deployed sea, air and ground forces in response to the military exercises, according to a press release from the Taiwanese Ministry of National Defense. It also condemned Beijing’s action as an act of irrational provocations that undermine regional peace and stability.
Chinese defense stocks jumped, with Bestway Marine & Energy Technology Co. rising as much as 20% and Jiangxi Xinyu Guoke Tech Co. up 11%. In Taiwan, Lungteh Shipbuilding Co. gained as much as 5.6% and Aerospace Industrial Development rose 5.7%.
The exercises ramp up pressure on Lai, who on Monday took office in the island that makes the bulk of the world’s most-advanced chips. He said in his inaugural address that China should drop its threat of war and that neither side of the strait was subordinate to the other.
China has already signaled its displeasure with Lai taking office, saying his speech “sent a dangerous signal of seeking independence.” It also condemned US Secretary of State Antony Blinken for congratulating Lai, sanctioned a former US congressman who supported Taipei and hit US defense companies with symbolic sanctions. A CCTV commentary said on Thursday that Lai’s speech showed he’s pursing independence “more aggressively” than his predecessors including Tsai Ing-wen and Chen Shui-bian.
China’s military drills add to the complications for the new government in Taipei. Opposition lawmakers are pushing through changes to the law that are aimed at reining in its powers, bringing thousands of people onto the streets on Tuesday night. Those demonstrations are likely to resume on Friday when the legislature takes its next steps forward on the changes.
The Chinese drills were being carried out in the Taiwan Strait; north, south and east of Taiwan; and around the offshore islands of Kinmen, Matsu, Wuqiu and Dongyin, Xinhua said. The exercises would last two days, it added.
The PLA issued a map of the drills, marking five areas around Taiwan island and circling four smaller islands off China’s southern province of Fujian. Separately, China’s coast guard announced exercises in the waters near Wuqiu and Dongyin islands on the same day.
China didn’t send out navigational alerts for ships and airplanes as it did during the drills in August 2022, when Beijing effectively blocked off six areas in the sea and fired missiles in response to then-Speaker Nancy Pelosi’s visit to Taiwan.
While it wasn’t immediately clear how many ships and planes were involved, China’s military has not held exercises in so many locations around Taiwan since April of last year.
--With assistance from Betty Hou, Sangmi Cha and Yasufumi Saito.
(Updates with Taiwan’s response)
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