Key insights and market outlook
China conducted its largest military exercise around Taiwan since 2022 on December 30, 2025, code-named 'Justice Mission 2025'. The drills included live-fire exercises, amphibious assault ships, and air force units, simulating a blockade of the island 1
China conducted its most extensive military exercise around Taiwan since 2022 on December 30, 2025, code-naming it 'Justice Mission 2025' 1
The People's Liberation Army (PLA) Eastern Theater Command stated that the exercises simulated a blockade of Taiwan across five maritime and air zones surrounding the island 3
The scale and intensity of these drills mark a significant escalation in China's military pressure campaign against Taiwan. The exercises demonstrate China's growing military capabilities and its willingness to use them in regional power projection 1
China Military Exercise
Taiwan Security Alert
Regional Tensions Escalation