china

#ChinaDrama #BRICS #china #ChinaTech China's high-power 'Microwave Weapon' that can damage satellites in space

China has developed a high-power microwave system TPG1000Cs that could one day be used to disrupt satellite networks such as SpaceX's Starlink. According to Chinese experts, a ground-based microwave weapon with an output exceeding one gigawatt (1 GW) could be powerful enough to severely interfere with or even damage Starlink satellites operating in low Earth orbit, reported the South China Morning Post (SCMP).

The device can deliver up to 20 gigawatts of power continuously for as long as one minute. It measures just four meters in length and weighs around five tonnes.  This device has already completed more than 200,000 test pulses during trials and is designed for deployment on trucks, ships, aircraft or potentially in space. TPG1000Cs also represents a major upgrade over its earlier Hurricane-series high-power microwave (HPM) weapons, which were primarily designed for short-range air defence.

China’s central bank has extended its gold accumulation streak to the 15th consecutive month, sending a strong signal to global financial markets. This steady buying trend is not just a routine reserve adjustment—it reflects a deeper strategic shift in how major economies are preparing for an uncertain future.
At the center of this move is People’s Bank of China, which has been consistently increasing gold reserves as part of a broader diversification strategy. With rising geopolitical risks, trade fragmentation, and long-term inflation concerns, gold is once again proving its value as a neutral and resilient store of wealth.
One key reason behind China’s gold buying is reduced dependence on the US dollar. As global trade becomes more regionalized and sanctions risks grow, holding physical gold offers protection against currency volatility and financial system shocks. Unlike fiat currencies, gold carries no counterparty risk—making it especially attractive during periods of macroeconomic stress.
This trend also highlights a wider movement among central banks worldwide. Over the past few years, gold purchases by central banks have remained historically high, reinforcing the metal’s role as a strategic reserve asset. China’s continued accumulation strengthens this narrative and adds long-term support to gold prices.
For investors, this development matters. Central bank demand often acts as a price floor for gold, especially during market corrections. When large institutions buy consistently, it reduces downside risk and increases confidence in gold’s long-term outlook.
There’s also an indirect impact on crypto markets. Bitcoin is often compared to “digital gold,” and rising interest in hard assets—whether physical or digital—signals declining trust in purely inflationary systems. While gold and crypto serve different roles, both benefit from the same macro themes: monetary expansion, debt growth, and uncertainty.
China’s 15-month gold-buying streak is more than a headline. It’s a reminder that in a rapidly changing financial world, hard assets are back at the center of long-term strategy.
#GOLD #china #GlobalMarket