A war footing emerges in the South China Sea

Navy personnel of Chinese People’s Liberation Army (PLA) Navy take part in a military display in the South China Sea April 12, 2018. Picture taken April 12, 2018. Photo: Reuters/Stringer

 

China’s recent deployment of nuclear-capable bombers, missiles and jamming devices has drastically shifted the contested area’s strategic calculus

China’s deployment of H-6k bombers to disputed land features in the South China Sea has provoked an uproar across the region and beyond while raising considerably the potential for armed conflict.

China’s bombers are capable of conducting nuclear strikes and have an operational range of more than 1,000 nautical miles. This places practically all other claimant states in the contested maritime area within their crosshairs.

Report: China has Stopped Buying U.S. Treasuries

 

While It’s Not Selling Them, Yet, It Reportedly Stopped Buying Them ‘Several Weeks Ago.’

Despite positive signs that Chinese President Xi Jinping may make a wink-and-nod concession to the U.S. overnight at the Boao Forum, a new report suggests China has already engaged its so-called “nuclear option.”

China’s Influence Set to Climb as U.S. Thwarted on New Bank

Power VisionChinese President Xi Jinping’s vision of achieving the same great-power status enjoyed by the U.S. received a major boost this month when the U.K., Germany, France and Italy signed on to the Asian Infrastructure Investment Bank. The AIIB will have authorized capital of $100 billion and starting funds of about $50 billion.

Canada is considering joining, which would leave the U.S. and Japan as the only Group of Seven holdouts as they question the institution’s governance and environmental standards. Australian Prime Minister Tony Abbott’s cabinet approved negotiations to join too, according to a government official who asked not to be identified as the decision hasn’t been made public.