As news spread on Wednesday that Hong Kong banks were tightening scrutiny on mainland Chinese clients opening savings and investment accounts, Zhe Ye – an auctioneer based in the southwestern province of Yunnan – was stunned. The former asset appraiser had been planning a trip to Hong Kong to open an account, hoping to buy…
As the global AI race heats up, US chipmakers are ramping up spending while China’s tech giants race to overcome sanctions with a self-sufficiency playbook — two divergent strategies chasing the same prize. Which path will define the future of artificial intelligence? Source link
The Central Commission for Discipline Inspection (CCDI) confirmed the investigation on Sunday, saying Tong was suspected of serious violations of discipline and law – a phrase often used as a euphemism for corruption. The CCDI gave no further details of the investigation, but business news outlet Caixin reported in August that Tong – once a…