Key facts
- China's People's Liberation Army (PLA) conducted a drill simulating wartime financial support.
- The PLA drill involved the deployment of gold.
- The PLA drill involved foreign currencies including New Taiwan dollars and US dollars.
- Taiwan launched its first live-fire drill utilizing first-person view drones.
- Taiwan is collaborating with a U.S. startup on underwater drones.
- The collaboration aims to develop and produce advanced underwater drones.
- The initiative seeks to bolster Taiwan's defensive capabilities.
- The drone development addresses regional security concerns.
The People's Liberation Army (PLA) of China has conducted a drill simulating wartime financial support operations. This exercise involved the deployment of gold and foreign currencies, specifically mentioning New Taiwan dollars and US dollars. The drill took place as Taiwan initiated its first live-fire exercise incorporating first-person view (FPV) drones. In parallel developments, Taiwan is collaborating with a U.S. startup to develop and produce advanced underwater drones. This partnership is aimed at strengthening Taiwan's defensive capabilities in response to ongoing regional security concerns. The initiative underscores Taiwan's commitment to bolstering its military readiness through technological advancements and international cooperation.