China's Global Times on reports in Japanese media
- claimed that the Chinese People's Liberation Army (PLA) will hold military drills for a "takeover of Dongsha Islands occupied by Taiwan" in August,
Says the GT:
- Chinese mainland experts said on Wednesday that the Dongsha Islands are a strategically important location, and the PLA can turn any exercise into action if Taiwan secessionists insist on secession.
This is what may have catalyused the US Navy movement, earlier report:
From that earlier post:
- Rising tensions are contributing to a rise in risk trade wariness sentiment. This weighs on equities and currencies such as AUD.
