World War 3: China Sends Powerful Message

World War 3: China Sends Powerful Message

World War 3: China Sends Powerful Message

China flexed it’s Military might right next door to the Korean peninsula amid heightened tensions in the region, after North Korea, South Korea, and the US recently conducted military drills in the area.

The Chinese Navy conducted the test in the busy northeastern Bohai Sea close to the Korean peninsula “in recent days,” Chinese Xinhua news agency reported, citing a statement from China’s Defense Ministry.

Beijing announced last month that it would continue to stage live fire drills and test new weapons to address national security threats, as a response to the US’ recent controversial deployment of its THAAD anti-missile system in South Korea.

Opposing the long-disputed deployment of the system, Chinese Foreign Minister Wang Yi said that a peaceful solution to the Korean crisis was the “only right choice.” In order to de-escalate tensions surrounding the Korean peninsula, Beijing has come up with an initiative to call on North Korea to refrain from carrying out further missile and nuclear tests in exchange for the US and South Korea suspending their military exercises in the region.

This proposal is supported by Russia, which has urged Washington and Seoul to reconsider their decision to station THAAD on the peninsula, saying it serves as a “destabilizing factor” that undermines the security and deterrent capacity of adjacent states, such as China, and could tip the existing military balance in the tense region.

The operation was designed to “enhance the combat skills of the forces” to safeguard national security, the brief statement said, but clearly the move was to display just how powerful their forces were to the world.

“The test achieved the expected result,” it added, without disclosing the exact date of the launch or any further details.

South Korea Talks Reconciliation

President Moon Jae-in of South Korea said Wednesday he will visit Pyongyang, capital of the Democratic People’s Republic of Korea (DPRK), under right conditions.

Moon was sworn in as the country’s new president at a main hall of the parliamentary building, just hours after winning a landslide victory in the five-way presidential race.

His presidential power came into force right after his election victory was confirmed by the national election commission as he has no usual transition period for the impeachment of his predecessor.

In a televised inaugural speech, Moon said he will visit Pyongyang under right conditions and fly to Washington if necessary.

The new leader vowed to sincerely consult with the United States and China to resolve the issue on the Terminal High Altitude Area Defense (THAAD) missile defense system.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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