Financial Secretary Paul Chan Mo-po speaks at the World Economic Forum annual meeting in Davos, Switzerland, on January 21. Photo: Handout

    Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

    At this time of year, Financial Secretary Paul Chan Mo-po’s top priority is finalising the Hong Kong government’s budget for 2026-27, balancing requests for incentives and welfare against calls for a return to fiscal prudence. For decades, budget speeches have followed a familiar structure: a review of past performance, near- and medium-term forecasts, support measures…

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    Alibaba chairman Joe Tsai says: There cannot be a winner in US-China AI race, because…

    Alibaba chairman Joe Tsai says: There cannot be a winner in US-China AI race, because…

    Alibaba Group chairman Joe Tsai has challenged the prevailing narrative of US-China artificial intelligence competition, arguing that the race has no definitive winner because success should be measured by adoption speed rather than model superiority. “When it comes to AI, there’s no such thing as winning the race. It’s a long marathon,” Tsai said at…

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