China South China Sea Militarization and Taiwan Flashpoint

PRC completes artificial island on Antelope Reef in Paracels; new station in Zhongsha Islands uses environmental monitoring as pretext. Taiwan president declares 'never yield an inch'; Philippines refuses to allow US bases in a China-Taiwan war, limiting US options. New: Taiwan unveils Strong Bow ABM specs (hypersonic interceptor, $1.13B for 128 missiles); Taiwan conducts first live-fire FPV drone exercises.