DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP
DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP
Daniel Wagner
Opinion

Opinion

Daniel Wagner

China’s military is building up its advanced weaponry, and the US certainly will, too

  • The formidable arsenal on display at China’s 70th anniversary parade announces to the world its ambition – backed by hefty investment – to be a global leader in futuristic weapons technology. The US, which has already torn up its nuclear weapons treaty with Russia, won’t be far behind

Daniel Wagner
Daniel Wagner

Updated: 4:06am, 5 Oct, 2019

Why you can trust SCMP
DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP
DF-17 ballistic missiles designed to carry a hypersonic glider are paraded on military vehicles in Tiananmen Square on October 1. The missile can fly beyond Mach 5, is manoeuvrable, allowing it to evade anti-missile defences, and can carry a nuclear warhead. Photo: AP
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Daniel Wagner

Daniel Wagner

Daniel Wagner is senior investment officer for guarantees and syndications at the Asian Infrastructure Investment Bank in Beijing. He has three decades of experience assessing cross-border risk, is an authority on political risk insurance and analysis, and has worked for some of the world’s most respected and best-known companies, such as AIG, GE, the African Development Bank, the Asian Development Bank, and the World Bank Group. He has published eight books as well as more than 700 articles on current affairs and risk management. He holds master’s degrees in International Relations from the University of Chicago and in International Management from the Thunderbird School of Global Management.