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Taiwan braces as China conducts third missile test
In Taipei streets stay busy as China launches a week of missile tests aimed at pressuring Taiwan before elections. Banks see rushes for dollars, gold sales rise, and markets reel while authorities insist the drills pose no immediate threat to Taiwan. President Lee Teng-hui faces a pivotal March election amid Beijing’s coercive pressure.
MENTIONED IN THIS ARTICLE
Taipei
Taiwan
China
U.S
Keelung
Kaohsiung
Taiwanese Defense Ministry
Beijing
Chiang Ping-kun
Lee Teng-hui
Lee