China on Saturday concluded large-scale military drills around Taiwan, after carrying out a record number of incursions into Taiwanese airspace. The two-day exercise, which included a simulated blockade of the island, came in response to the inauguration of Taiwan’s new president Lai Ching-te earlier this week. Taiwan’s Defence Ministry on Saturday said it registered 62 Chinese warplanes operating around the self-governing island within 24 hours, the highest number of Chinese daily sorties so far this year. Among them, 47 Chinese military aircraft crossed the median line of the Taiwan Strait, …