China says it conducted exercises near Taiwan By Reuters

[Business News] China says it conducted exercises near Taiwan By Reuters SHANGHAI (Reuters) -China's armed forces carried out another round of exercises near Taiwan last week to improve joint combat operations, the People's Liberation Army said on Monday, after the Chinese-claimed island reported a spike in activity. Taiwan has complained for the past two years about frequent Chinese military activity near it, mostly concentrated in the southern and southwestern part of the island's air defense identification zone, or ADIZ. Taiwan's air force scrambled planes on Friday to warn away 18 Chinese aircraft that entered its air defense zone, and reported…