China has initiated two days of extensive military exercises around Taiwan as a "punishment" for what it deems "separatist acts." This move comes shortly after Taiwan inaugurated its new democratically elected leader, Lai Ching-te, who has urged Beijing to stop its intimidation tactics. The drills, involving dozens of Chinese fighter jets with live ammunition and various naval vessels, simulated attacks on "high-value military targets" and are seen as a significant test for Lai in managing the fraught relations with China. Starting early on Thursday, the exercises encircle Taiwan and involve joint operations by the army, navy, air force, and rocket force. The drills cover the Taiwan Strait and areas to the north, south, and east of Taiwan, as well as near Taiwan's outlying islands of Kinmen, Matsu, Wuqiu, and Dongyin. This marks an assertive demonstration of China's claim over Taiwan, which it considers a part of its territory despite never having governed it, and its vow to reclaim the island by force if necessary. Despite the military maneuvers, daily life in Taiwan's capital, Taipei, proceeded normally, reflecting the population's accustomed response to such threats. Local news covered the drills but also focused on domestic political issues and routine matters like tax filings. Taiwan's main stock index, the TAIEX, even saw a slight increase, indicating a level of resilience and normalcy amid the ongoing tensions. |