SINGAPORE—China’s launch of its first homegrown aircraft carrier on Wednesday could be the beginning of a financial train wreck, according to carrier design and construction specialists.
The Chinese navy on Wednesday launched its new aircraft carrier as Beijing continues to grow and modernize its maritime forces.
BEIJING (Reuters) – China launched its first domestically built aircraft carrier on Wednesday amid rising tension over North Korea and worries about Beijing’s assertiveness in the SouthChina Sea.
As the US ratchets up pressure on China to do more to help rein in North Korea, a UN report shows how Pyongyang uses technology smugglers and financial institutions to develop missiles and nuclear weapons. China figures prominently in the report.
North Korea’s test of a nuclear warhead did not take place last weekend amid mounting diplomatic and military pressure from the United States and possibly China.
A former Pacific Fleet Intelligence director called on the Trump administration to reassert U.S. military presence in the Indo-Asia Pacific region to deter China from continuing its aggressive campaign of maritime expansion.
Tensions remain high in Northeast Asia following the dispatch of a U.S. aircraft carrier strike group to waters near the Korean Peninsula and signs that Pyongyang is preparing for another underground nuclear test.