MIIT deputy director Gan Xiaobin told an AI industry meeting in Beijing on Aug. 18 the ministry will accelerate R&D on intelligent chips and other core technologies and explore brain‑like intelligence, world models and physical models. The ministry will push an integrated agenda covering technology innovation, application deployment, ecosystem cultivation and safety governance. It will prioritise scenario-driven rollout—implementing model‑data resonance, humanoid robots and embodied‑intelligence

South Korea's KOSPI intraday losses widened to 6.00%, trading at 6,454.44 points.

Ross Harrison, senior fellow at the U.S. Middle East Institute, says Iran’s post-war foreign policy is unlikely to revert to total isolation or to rapidly follow a Vietnam-style full integration. Economic realities make decades-long, gradual change more likely than a near-term transformation. The more probable outcome is a dual-track strategy: engaging diplomatically with Gulf Arab states while keeping military coercion — missile threats and the option to close the Strait of Hormuz — as leverage. The 2025–26 wars have weakened Iran and unsettled neighbors, prompting some Gulf capitals to privately reassess long-term reliance on U.S. security and consider hedging with Tehran. Washington’s instinct to tighten containment by arming Israel and Gulf partners could validate Tehran’s worst-case expectations and risk provoking further attacks on Gulf states. Harrison argues policymakers should leave space for Iranian regional diplomacy and evaluate whether such moves produce more constructive behavior rather than judging them solely on whether they solve all underlying issues.