Taiwan Tensions: Taiwan says it detected fresh Chinese military sorties and naval vessels around the island, with aircraft entering its southwestern ADIZ as Beijing’s new ethnic unity law raises fears of wider reach. Ethnic Unity Law: China’s justice ministry defended the law’s clause allowing overseas accountability for acts deemed to undermine ethnic unity, rejecting claims it amounts to extraterritorial “long-arm” jurisdiction. Global Order Pitch: Beijing’s 36-page white paper on “more just and equitable global governance” lays out how China wants to shape the future international system. Banking Crackdown: China’s top auditor says major state banks have committed tax evasion and lending violations, as Beijing tightens enforcement amid local government revenue stress. Hong Kong Pressure: New rules aimed at capital flight are starting to hit Hong Kong’s offshore wealth business, with penalties and tighter scrutiny of banks and wealth structures. Energy Push: China says it has crossed 4,000 GW of installed power capacity, with non-fossil sources now the majority. Bangladesh Visit: PM Tarique Rahman meets Xi Jinping in Beijing after paying tribute at Tiananmen Square, with multiple cooperation MoUs on the agenda. AI in Finance: China’s financial regulator issues new AI governance rules for insurance and banking, demanding compliance, transparency, and effective management. Tech Spotlight: Zhipu AI’s GLM-5.2 is being hailed as a “DeepSeek moment” for affordable, reliable coding.