A senior Wells Fargo banker is barred from leaving China while authorities investigate a criminal case involving her, Beijing says, sparking fears among foreign businesses over the use of exit bans. ( read original story ...)
The hidden numbers dragging down China’s economy
A slump in property transactions in smaller cities highlights the difficulty of reviving China’s property market. ( read original story ...)
Zhipu, Not DeepSeek, Is OpenAI’s Real Threat – And It’s Reportedly Considering A Hong Kong IPO
DeepSeek may be grabbing all the headlines as China's homegrown challenger to foreign AI dominance. But U.S.-based ChatGPT creator OpenAI more likely views Beijing Zhipu Huazhang Technology Co. Ltd. — ... ( read original story ...)
US Bank Employee Barred From Leaving China Over Alleged Criminal Probe
Beijing confirmed Monday that an employee of US bank Wells Fargo was barred from leaving China, following reports last week that Shanghai-born managing director Chenyue Mao was under an exit ban. ( read original story ...)
China robotics firm Unitree eyes IPO filing this year as industry starts to commercialise
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Unitree Robotics begins IPO prep, valued at $1.6 billion after Series C funding
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These hidden numbers are dragging China’s economy down
A slump in property transactions in smaller cities highlights the difficulty of reviving China’s national property market. ( read original story ...)