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China begins largest-ever military exercises encircling Taiwan after Pelosi visit

Russia says Beijing has right to hold military drills around the self-ruled island

12:21 AM | 5 Aug, 2022
China begins largest-ever military exercises encircling Taiwan after Pelosi visit
Source: Zhang Meifang (Twitter)

BEIJING – In a show of its military might after a visit to Taiwan by US House Speaker Nancy Pelosi, China started its largest-ever military exercises encircling the self-ruled island on Thursday.

Pelosi, the highest-profile elected US official to visit Taiwan in 25 years, completed her trip to the island nation on Wednesday despite a series of stark threats from Beijing. She said before leaving her trip made it “unequivocally clear” the US would not abandon a democratic ally.

Pelosi's visit sparked a furious reaction from Beijing, which vowed “punishment” and announced military drills in the seas around Taiwan — some of the world’s busiest waterways.

The exercises, which began around 12 pm (0400 GMT), involve “live-firing”, according to state media.

“Six major areas around the island have been selected for this actual combat exercise and during this period, relevant ships and aircraft should not enter the relevant waters and airspaces,” state broadcaster CCTV reported.

The exercises are taking place in multiple zones around Taiwan — at some points within just 20 kilometres (12 miles) of the shore — and will conclude at midday on Sunday.

Taiwan’s defence ministry said it was closely watching the drills.

“The Ministry of National Defence stresses that it will uphold the principle of preparing for war without seeking war, and with an attitude of not escalating conflict and causing disputes,” it said in a statement.

In a related development, the Kremlin said that China had the sovereign right to hold military drills around Taiwan and accused the US of fuelling tensions in the region.

Asked about China’s drills, Kremlin spokesman Dmitry Peskov said: “This is China’s sovereign right.”

“The tension in the region and around Taiwan was provoked… by the visit of Nancy Pelosi,” Peskov told reporters on a conference call. “It was an absolutely unnecessary visit and an unnecessary provocation.”

Daily Pakistan Global Web Desk

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Pakistani rupee rate against US Dollar, Euro, Pound, Riyal - Check 20 April forex rates

Pakistani currency remains marginally same against US Dollar and other currencies on April 20, 2024. US dollar was being quoted at 277.5 for buying and 280.5 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 20 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.5 280.5
Euro EUR 293 296
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.55 748.55
Canadian Dollar CAD 201 203
China Yuan CNY 38.47 38.87
Danish Krone DKK 39.78 40.18
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.11 912.11
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.61 25.91
Omani Riyal OMR 723.2 731.2
Qatari Riyal QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.47 307.97
Thai Bhat THB 7.56 7.71

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