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    FirstFT: Chinese missile tests constraints of physics

    Good morning.This article is our onsite version FirstFT Newsletter.Sign up for us Asia, Europe / Africa Also Americas Edition to send directly to your inbox on weekday mornings

    China’s hypersonic weapons test in July included technological advances that made it possible. Launch a missile An ability that no country has ever demonstrated when approaching a target at least five times the speed of sound.

    According to people familiar with the information, Pentagon scientists are surprised by the advancement that allowed a supersonic glide vehicle, a maneuverable spacecraft capable of carrying a nuclear warhead, to launch another missile over the South China Sea. I was killed.

    Experts at the Pentagon’s advanced research institute, Darupa, are uncertain about how China has overcome physics constraints by launching countermeasures from vehicles traveling at hypersonic speeds. People familiar with the details of the demo said.

    Military experts have pondered test-related data to understand how China acquired the technology. They are also discussing the purpose of the projectiles launched by hypersonic aircraft, which have no clear target of their own, before diving into the water.

    How is your reaction to the news of China’s progress?Please tell us your thoughts firstft@ft.com.. Thank you for reading FirstFT Asia. — Emily

    1. KKR offers Telecom Italia a € 33 billion takeover offer US buyout funds Offer of 33 billion euros Making Telecom Italia private makes it one of the largest private equity buyouts in the history of European companies.

    2. Olympic chief makes a video call with a missing Chinese tennis star Thomas Bach 30 minute video call On Sunday, with Peng Shuai, the International Olympic Committee said she was “safe and healthy” in Beijing, but she said “I want her to respect her privacy at this point.”

    Peng Shuai signing at a junior tournament © Twitter / @ QingQuingParis via Reuters

    3. El Salvador is planning a volcanic-powered “Bitcoin City” President Nayib Bukele is a Central American country “Bitcoin City” powered by a volcano Partially funded by the issuance of $ 1 billion of crypto-backed sovereign debt.

    4. Samsung investors are looking for guidance on a $ 100 billion cash pile Samsung’s most powerful executives are touring the United States in what investors expect to be a sign the company wants Deploy a $ 100 billion cash pile.. Lee Jae-yong’s third heir has traveled abroad for the first time since he was released from prison early for national interest.

    5. Indian Prime Minister abandons unpopular farm reform Indian Prime Minister abandons Controversial agricultural market reforms It caused a year-long protest from Indian peasants and a great challenge to his authority.

    I forgot to include the quiz last Friday. We apologize for the error!You can still test your knowledge here..

    Coronavirus digest

    Over 100 influential leaders and top FT journalists at a Global Boardroom Conference to discuss how to build a resilient, sustainable, inclusive economy and business in a world transformed by the crisis. Participate from all over the United States and around the world.Register for free here..

    Future days

    China’s policy rate decision Policy makers are expected to maintain China Stable benchmark interest rate Because they are trying to limit the risk in the real estate sector. (Reuters)

    Thai economic data country’s Third quarter employment data Household debt figures will be released.

    World Trade Organization Conference The WTO General Council will meet in Geneva, Switzerland.

    What else are you reading

    Spac machine bounces Spac sponsors of the market New signs of life Indicates that it is mature. Some have drawn similarities to the junk bond market, which broke out in the 1980s after a period of enthusiastic boom and eventually became an integral part of the modern financial system.

    Big Read chart showing how Spac IPO started to rebound

    Major U.S. Commissions Foretell The Upcoming Capital War If there is one thing that both Republicans and Democrats can agree on, it is that China is the largest in the United States. Long-term strategic threat.. Still, US financial companies couldn’t be any more bullish in the Middle Kingdom, Lana Forohar wrote.

    The rise of Crypto.com The site started as University of Pennsylvania Professor’s BlogIn 2018, he sold his name to a lesser-known startup called Monaco, which is working on cryptocurrencies and credit cards. From Christmas day, the name will be displayed in the iconic Los Angeles Arena.

    EU fiscal rules need more than technical adjustments In Freud’s psychoanalysis, neurotic behavior is a manifestation of suppressed emotions. As the EU is obsessed with codified rules, it is politics that is being oppressed. That’s why it will be difficult to discuss the newly reopened block financial rules, I’m writing Martin Sandbu..

    British tea requires a spoonful of sophistication The English are said to love only a cup of tea, but that love is not shared by Unilever.this is Sale of 4.5 billion euros Some of the world’s largest tea brands show how emotional companies can be. It also raises an uneasy problem: black tea is brewed in a teapot and served with milk, Become a relic??

    House & Home

    Could you Work from home in the Alps?? During the pandemic, some skiers did just that. FT’s Liz Rowlinson investigates whether a romantic vision matches reality.

    Val d’Isère: French resorts have fiber optic broadband. This is another attraction for remote workers © andyparant.com

    Thank you for reading. Added FirstFT To myFT.Send recommendations and feedback to firstft@ft.com

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