🇨🇳China is building a massive military command center in case of war, the Financial Times reports, citing US officials and satellite images.
It will be at least 10 times larger than the Pentagon.
Deep pits are visible at a construction site more than 4km in diameter, 30km southwest of Beijing, which military experts estimate will house large fortified bunkers to protect China's military leaders in the event of any conflict, including nuclear war.
Main construction began in mid-2024. China declines to comment on what it is building.
🇨🇳China is building a massive military command center in case of war, the Financial Times reports, citing US officials and satellite images.
It will be at least 10 times larger than the Pentagon.
Deep pits are visible at a construction site more than 4km in diameter, 30km southwest of Beijing, which military experts estimate will house large fortified bunkers to protect China's military leaders in the event of any conflict, including nuclear war.
Main construction began in mid-2024. China declines to comment on what it is building.
In the United States, Telegram's lower public profile has helped it mostly avoid high level scrutiny from Congress, but it has not gone unnoticed. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. As such, the SC would like to remind investors to always exercise caution when evaluating investment opportunities, especially those promising unrealistically high returns with little or no risk. Investors should also never deposit money into someone’s personal bank account if instructed. Sebi said data, emails and other documents are being retrieved from the seized devices and detailed investigation is in progress. The S&P 500 fell 1.3% to 4,204.36, and the Dow Jones Industrial Average was down 0.7% to 32,943.33. The Dow posted a fifth straight weekly loss — its longest losing streak since 2019. The Nasdaq Composite tumbled 2.2% to 12,843.81. Though all three indexes opened in the green, stocks took a turn after a new report showed U.S. consumer sentiment deteriorated more than expected in early March as consumers' inflation expectations soared to the highest since 1981.
from jp
