Latest news with #WangChao
South China Morning Post
15-05-2025
- Business
- South China Morning Post
Hong Kong firm sanctioned by US for alleged support of Iran's missile programme
A Hong Kong company has become one of the latest entities sanctioned by the United States for allegedly supporting Iran's ballistic missile programme. Hong Kong-based Super Sources Industrial and its director and sole owner Wang Chao were among those included in a fresh round of sanctions involving six individuals and 12 companies announced by the US Treasury on Wednesday. They were accused of supporting Iran's oil industry and nuclear programme. According to Hong Kong's Companies Registry, Super Sources Industrial was incorporated in August 2019 as a private company limited by shares and located in Tsim Sha Tsui. The record also shows Yungtai Business (HK) Limited was registered as the company secretary at the same address. Both companies do not have official websites. Wang Chao is also the majority owner of China-based Reso Trading Shanghai, which was also on the sanction list. A legal representative of Reso Trading by the name of Wang Piao, a Chinese national, was also targeted. 'Reso Trading has exported missile-applicable aramid fibre to Iran-based entities affiliated with the Islamic Revolutionary Guard Corps,' the US Treasury Department said.
South China Morning Post
14-05-2025
- Business
- South China Morning Post
US sanctions Chinese nationals and HK firm for aiding Iran missile programme
The United States on Wednesday unveiled fresh sanctions against six people and 12 firms – including several based in mainland China and Hong Kong – for their support of Iran's ballistic missile programme. Advertisement The action follows sanctions on a series of entities and individuals linked to Iran's oil industry and nuclear programme the Trump administration imposed in recent weeks. Wednesday's sanctions are aimed at organisations involved in 'efforts to help the Iranian regime domestically source the manufacturing of critical materials needed for Tehran's ballistic missile programme', according to the US Treasury Department. 'The United States cannot allow Iran to develop intercontinental ballistic missiles,' US Treasury Secretary Scott Bessent said in a statement. Tehran's attempts to produce missiles and components domestically 'represents an unacceptable threat to the United States and the stability of the region', he added. A truck carrying the S-300 missile system takes part in the annual Army Day celebration in Tehran, Iran, in April. Photo: EPA-EFE Those sanctioned include three Chinese nationals – Qin Jinhua, Qin Dehui, and Wang Chao – who work for a China-based firm which has exported carbon fibre precursor materials to a sanctioned Iranian firm, and another Hong Kong-based company.
South China Morning Post
22-04-2025
- Science
- South China Morning Post
China cracks another quantum code barrier. For how much longer is our data safe?
While the battle for high ground in artificial intelligence (AI) dominates global headlines, a team of Chinese researchers has announced a major advance in the field of quantum cryptology – a race in which the stakes could be even higher. Advertisement Professor Wang Chao, of Shanghai University, has successfully factored a 90-bit RSA integer using a D-Wave Advantage quantum computer – an achievement that not long ago was thought to be impossible. Quantum cryptology studies the art of writing or solving codes by exploiting the principles of quantum mechanics in the subatomic world. In this realm, AI and quantum computing are combined to usher in a 'fourth industrial revolution', where such technology could one day be used to crack any code. This pursuit has raised many concerns about risk. For instance, advances in the field, according to some experts, are taking the world closer to Q-Day – a hypothetical point in the future when quantum computers become powerful enough to decipher even the most secure encryption – which would pose a serious threat to personal privacy and data security To stay ahead of this looming threat, scientists around the world have been racing to develop quantum technologies – or countermeasures – that include post-quantum cryptography. A breakthrough by Chinese quantum researchers has just added new momentum to this global debate. Advertisement RSA encryption, widely used in securing digital communications, relies on the mathematical difficulty of factoring large integers. Until now, no efficient method had been found to accomplish such a task within a reasonable time frame.
South China Morning Post
22-04-2025
- Science
- South China Morning Post
China cracks another quantum code barrier. How much longer is our data safe?
While the battle for high ground in artificial intelligence (AI) dominates global headlines, a team of Chinese researchers has announced a major advance in the field of quantum cryptology – a race in which the stakes could be even higher. Advertisement Professor Wang Chao, of Shanghai University, has successfully factored a 90-bit RSA integer using a D-Wave Advantage quantum computer – an achievement that not long ago was thought to be impossible. Quantum cryptology studies the art of writing or solving codes by exploiting the principles of quantum mechanics in the subatomic world. In this realm, AI and quantum computing are combined to usher in a 'fourth industrial revolution', where such technology could one day be used to crack any code. This pursuit has raised many concerns about risk. For instance, advances in the field, according to some experts, are taking the world closer to Q-Day – a hypothetical point in the future when quantum computers become powerful enough to decipher even the most secure encryption – which would pose a serious threat to personal privacy and data security To stay ahead of this looming threat, scientists around the world have been racing to develop quantum technologies – or countermeasures – that include post-quantum cryptography. A breakthrough by Chinese quantum researchers has just added new momentum to this global debate. Advertisement RSA encryption, widely used in securing digital communications, relies on the mathematical difficulty of factoring large integers. Until now, no efficient method had been found to accomplish such a task within a reasonable time frame.
