China has expelled its leading rocket scientist Wang Xiaojun from its top political advisory body, signalling the communist state's widening purge from among the Chinese military's missile force and aerospace contractors.
Category: HONG KONG
Asian markets fall amid SVB fallout fears
Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the financial system, media reports said.
This is why China can't build a ChatGPT AI rival
As the world goes gaga over an AI chatbot called ChatGPT, experts believe that developing its Chinese competitor will surely face censorship, cost and data challenges, as in the case of big Internet companies like Alibaba and Tencent, the media reported on Monday.
China's high-profile investment banker goes missing
The major bank has served as an advisor for the initial public offerings of JD.com and Kuashou, as well as Didi's listing at the New York Stock Exchange in 2021, BBC reported.