8/15, 9:48 AM (Source: TeleTrader)
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China carries out new drills around Taiwan

The Chinese military began a new round of exercises around Taiwan, Wu Qian, a spokesman for the Defense Ministry in Beijing, revealed on Monday.

In a statement, Wu described the drill as a "resolute counterstrike" to the United States and Taiwan's "consecutive provocations" that destabilize the region.

Earlier in the day, Taiwan's president met with the second US congressional delegation that visited the island this month, again drawing criticism from Beijing.

Baha Breaking News (BBN) / MS