China’s recent test of reported new missiles appears to have been a simulated attack on a Taiwanese airfield and a possible test launch of a new hypersonic weapon, according to a U.S. Air Force research center analysis.

The missiles were launched Aug. 13 from a training site in Jilantai in western China and traveled 870 miles west before hitting two targets in an airfield.

This missile launch event almost certainly featured a new system of some kind and indicates that the People’s Liberation Army Rocket Force has modernized yet another missile brigade with a Taiwan-centric mission set, states an open-source analysis by the China Aerospace Studies Institute, a think tank at the Air Force’s Air University in Alabama.

The report concludes that China’s official accounts of the missile tests were intended for deterrence and amounted to little more than an “overblown show put on by the PLA.” Beijing has stepped up its intimidation campaign against the island democracy in recent months.

The researchers do not discuss finance aspect of the launch but, some observers suggested, that Beijing appeared to exploit the delay in ban of American investment capital in Chinese companies with links to their country's military. Former President Donald Trump ordered such a ban in December 2020 but Biden's administration halted it. Therefore a network of Chinese ventures firms could easily utilise estimated US$ 0.5-1.5 trillion capital to finance Beijing new weapon.

The estimate now is that American investors are holding as much as 1.9 trillion dollars of Chinese stocks, meaning our money transferred to them, told former Senior Director of International Economic Affairs at the National Security Council and Executive Secretary of the Cabinet-level Senior Inter-Governmental Group for International Economic Policy Mr. Roger Robinson in an interview with TheOwner. Hundreds of billions more are invested in dollar-denominated Chinese corporate bonds, he added.


Communist China military industry launches frequently new types of the offensive weapons

This capital of the U.S. investors appears to be benefiting the Chinese military complex that releases regularly new types of weapons.

Mr. Rick Fisher, a China military affairs expert, said the analysis by the China Aerospace Studies Institute indicates that China has an extended-range version of DF-15 or is getting ready for a short-range missile to replace it.

The DF-15B arsenal, introduced about 2007, could be ending its service life, causing the PLA to exercise with them more and to find ways to exploit them for propaganda impact, said Mr. Fisher, now an analyst with the International Assessment and Strategy Center.

It may also indicate a replacement missile is on the way, he said. Both the China Aerospace Science and Technology Corp. and the China Aerospace Science and Industry Corp. have developed modular second-generation short-range ballistic missiles that could vastly increase the number of missiles aimed at Taiwan, he concluded.

Communist China has more than 1,200 DF15s and DF-16 short-range missiles deployed within range of Taiwan, whose main island is just 100 miles off the Chinese coastline.