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Stock impact report

China Floats Battle Barges In Taiwan Invasion Plans [Barron's]

Planet Labs PBC Class A (PL) 
Company Research Source: Barrons
Beijing this week launched what it called "punishing" drills around Taiwan, sending jets and warships in a rehearsal for a blockade and assault on the self-ruled island. And a memo from US Naval War College has revealed another potential weapon in Beijing's arsenal -- barges that can connect via extendable ramps to form an 820-metre-long (half-mile-long) pier from deep waters to land. With retractable legs that can push into the sea floor, the Naval War College said they could create a platform for personnel and "hundreds of vehicles" an hour to land on Taiwan, which China claims as its own territory. "These barges are clearly meant to facilitate amphibious invasion against Taiwan," Wen-Ti Sung, a nonresident fellow at the Atlantic Council's Global China Hub, told AFP. Wargaming of a potential Chinese invasion of Taiwan long assumed that Beijing's People's Liberation Army (PLA) would have been forced to rely on small amphibious landing vessels to get ashore. Only a handful Show less Read more
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