China ramps up missile buildup for a Taiwan war
China is significantly increasing its missile production capabilities, which is impacting the military balance in the Indo-Pacific region, particularly regarding Taiwan. Recent reports indicate that the number of companies supplying components for missile production has more than doubled since 2013, with substantial revenue growth among these firms. This expansion is part of China's strategy to enhance its military deterrence and prepare for potential conflicts in the region.
- ▪China's missile production has accelerated sharply, with 81 firms supplying key components, more than double the number in 2013.
- ▪The People’s Liberation Army Rocket Force's arsenal has grown by nearly 50% over four years, reaching about 3,500 missiles.
- ▪China has expanded its missile-related facilities by 60% between 2020 and 2025, adding over 21 million square feet of space.
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China’s accelerating missile buildup is increasingly turning industrial capacity, stockpile depth, and sustained precision-strike capability into decisive factors in the emerging military balance over Taiwan and the wider Indo-Pacific. This month, Bloomberg reported that China sharply accelerated missile production in 2025, citing an analysis of corporate filings that showed 81 listed Chinese firms disclosed supplying key components to the country’s missile industry, more than double the number recorded when President Xi Jinping took office in 2013. According to Bloomberg, nearly 40% of those companies posted record revenues last year, with combined sales rising 20% to 189 billion yuan (US$28 billion), even as revenues among China’s 300 largest listed firms declined overall.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Asia Times.
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