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US Secretary of State Marco Rubio has stirred unexpected debate in Taiwan after invoking the phrase “unleash Chiang” while warning that Washington would intensify its strikes against Iran. Speaking to reporters on Tuesday about the escalating Middle East conflict, Rubio said the world would soon see a change in the scope and intensity of the attacks. “We’re going to unleash Chiang on these people in the next few hours and days,” he said. Advertisement The remark, made in the context of US efforts to dismantle Iran’s missile systems and military…

Mainland China and Hong Kong should ease listing rules for biotechnology companies and lower takeover thresholds for listed firms to capitalise on renewed foreign interest in the healthcare sector, venture capitalist Nisa Leung said. “Besides artificial intelligence, Premier Li Qiang also highlighted biomedicine in the ‘two sessions’ annual government work report,” said Leung, a managing partner at Aulis Capital, speaking in a sideline interview during China’s annual meetings of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and the National People’s Congress (NPC). “We are paying attention…

The deadly US-Israeli military strikes on Iran have triggered an outpouring of public sympathy and support in China, with many social media users condemning the attacks and discussing ways to help. The Iranian embassy in China thanked the “righteous” Chinese public on Thursday for their support, but said it was not accepting financial help from Chinese individuals and organisations for now. “The embassy would like to express its sincere gratitude to the civilised and righteous Chinese people,” the mission said in a statement on its official social media account. Advertisement…

More of the world’s billionaires live in China than anywhere else, after stock market gains and artificial intelligence generated a record number of billionaires globally, according to the latest Hurun Global Rich List. China overtook the United States to recapture bragging rights on the annual report released by Hurun Group on Thursday, with 1,110 billionaires out of 4,020 globally. China added 287 billionaires since the previous edition of the report, more than recouping its losses over the last three years, the report said. AI fostered two new Chinese billionaires, Yan…

China has just unveiled its draft fiscal budget for 2026 and its blueprint for the next five-year plan. As Beijing reveals a 10 per cent year-on-year budget increase for the sector, it is positioning frontiers such as future energy, brain-computer interfaces and satellite internet as China’s future industries, with the nation doubling down on science and technology spending to support them. 02:16 Chinese premier sets 2026 GDP growth target at 4.5-5% Chinese premier sets 2026 GDP growth target at 4.5-5% This year, China is allocating a total of 426.42 billion…

South China Morning Post