TAIPEI (Aug 7): Chinese and Taiwanese warships played high-seas "cat and mouse" on Sunday ahead of the scheduled end of four days of unprecedented Chinese military exercises launched in reaction to a visit to Taiwan by the US house speaker. The island's defence ministry said in a release multiple Chinese military ships, aircraft, and drones were simulating attacks on the island and its navy. China's military said on Saturday the sea and air joint exercises, north, south-west, and east of Taiwan, had a focus on land-strike and sea-assault capabilities. The United States called the exercises an escalation. China has also warned the United States not to "act rashly" and create a greater crisis.

Source: The Edge Markets August 07, 2022 09:50 UTC