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Global Times — China activates new precision intermediate, long-range missiles

Summary:
China has activated new intermediate and long-range missiles capable of precision strikes on medium and large warships. The domestically developed missiles, which were recently used by a missile brigade of the People's Liberation Army's (PLA) rocket force, is capable of nuclear counterattacks, and marks a further development of Chinese artillery's combat capabilities, the China Central Television (CCTV) reported Monday. It is capable of precision strikes on medium and large targets on land, and similar sized warships at sea, CCTV reported.... EcnsChina activates new precision intermediate, long-range missilesGlobal Times

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China has activated new intermediate and long-range missiles capable of precision strikes on medium and large warships.
The domestically developed missiles, which were recently used by a missile brigade of the People's Liberation Army's (PLA) rocket force, is capable of nuclear counterattacks, and marks a further development of Chinese artillery's combat capabilities, the China Central Television (CCTV) reported Monday.
It is capable of precision strikes on medium and large targets on land, and similar sized warships at sea, CCTV reported....
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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