On Monday morning last week, many Chinese investors woke up anticipating a raft of new stimulus measures to save the Chinese economy during an official Chinese Communist Party (CCP) news conference.
Instead, by about 5am the CCP had launched military exercises surrounding Taiwan. State media announced that China would “completely reunify” Taiwan with its “ancestral homeland.”
The refurbished Liaoning aircraft carrier, which had only days prior returned to its home berth at Yuchi Naval Base in China’s Shandong Province, was rushed back out to sea to traverse the Bashi Channel separating Taiwan and the Philippines to take its position for the exercises.