China starts 'punishment' drills around Taiwan days after new president takes office BEIJING, May 23 (Reuters) - China's military started two days of "punishment" drills around Taiwan on Thursday in what it said was a response to "separatist acts", just days after new Taiwan President Lai Ching-te took office and called on Beijing to cease its threats. China detests Lai, saying he is a "separatist", and it has denounced his inauguration speech on Monday. Chinese Foreign Minister Wang Y