China develops missile to target planes thousands of miles away

China has developed a new missile capable of targeting planes thousands of miles away. This advancement in military technology is significant because it expands China's ability to project power and potentially challenge the United States' air superiority. The development comes at a time when the US is facing supply chain issues with its own air defense missiles and long-range strike weapons, following six months of war with Iran.

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The development of a missile by China that can target planes thousands of miles away, combined with the US struggling with supplies of air defense missiles, could indicate a shift in the military balance. This could negatively impact investor sentiment and

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