As China quietly stockpiles weapons aimed at Taiwan, the renegade island confirms it is developing its own cruise missiles capable of hitting the mainland, including Shanghai and many military bases. The controversial weapon, intended to "make China hesitate before launching any attack," is more likely to ramp up the arms race between the countries, reports the NY Times.
While the Bush administration has discouraged Taiwan from developing weapons, it becomes a tricky balance as China amasses weapons aimed at the island. Relations between China and Taiwan have gone from bad to ballistic recently due to the latter's referendum to rejoin the UN. And China responded tersely to the missile announcement yesterday: “Whoever plays with fire will get burned.” (Read more China stories.)