Saturday, August 21, 2021

China’s Military Nuclear Orders Rise Fourfold In The Past Year

China is moving to boost its nuclear capabilities. Photo: Reuters  

SCMP: China’s military nuclear orders rise fourfold in push to catch up with US 

The main contractor for China's nuclear projects has seen a massive increase in orders from the military compared with a year ago, signalling Beijing's intensified push to boost its military nuclear capacities. 

China Nuclear Engineering and Construction Group Corporation Limited reported that the value of its military contracts in the first seven months had surged nearly fourfold year-on-year. 

Observers said the figures reflected China's steadfast efforts to catch up with the United States, which is increasingly concerned about China's nuclear capabilities, including recent reports about the build-up of missile silos.

A statement on Wednesday said the company had received about 17.2 billion yuan (US$2.65 billion) in new military contracts up to July, an increase of 391 per cent over the same period last year.  

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WNU Editor: This Chinese nuclear build-up is catching Washington's attention .... Pentagon Sounds Alarm About China’s Nuclear Weapons Expansion (National Interest). More here .... U.S. is concerned about China’s growing nuclear arsenal, Blinken tells Southeast Asian officials (CNBC).

1 comment:

Anonymous said...

Oh boy! Threat inflation, this just the trick to justify $trillions in spending to recapitalize the nuclear triad.

The MIC never stops winning.