The ouster of Gen. Zhang Youxia, who was second only to Xi Jinping in the military hierarchy, marks “the total annihilation of the high command,” one analyst said.
Xi’s Purge of China’s Military Brings Its Top General Down
The ouster of Gen. Zhang Youxia, who was second only to Xi Jinping in the military hierarchy, marks “the total annihilation of the high command,” one analyst said.
China investigating top general over serious violations, says defence ministry
Jan 24 (Reuters) – China’s most senior general is under investigation, China’s defence ministry said on Saturday, in the highest-profile purge to date of senior military leadership just as Beijing …
China’s Highest-Ranking General Removed as Xi’s Military Purge Reaches the Top
General Zhang Youxia had appeared to be President Xi Jinping’s trusted second-in-command. He has now joined the long list of generals and admirals under investigation.
China’s top general under investigation in latest military purge
Zhang Youxia, the senior of the two vice chairs of the powerful Central Military Commission, is the latest figure to fall in a long-running purge of military officials. Analysts believe the purges are …
China says 2 people are dead and 4 missing after boat capsizes near disputed shoal
Chinese authorities say two people are dead and four are missing after a boat with 21 Filipinos on board capsized in the South China Sea …
Indonesia eyes property, economic boost with residency visa plan for foreign investors
Indonesia is preparing to unveil more details on its long-term residency visa scheme to attract foreign capital and property investors including from mainland China and Hong Kong, as Southeast Asia’s …
Analysis – China’s rural banks struggle to sell seized properties despite hefty discounts
Jan 22 (Reuters) – Chinese rural banks are unable to find buyers for hundreds of foreclosed properties they are auctioning despite offering steep discounts, deepening a real estate crisis and adding …
China’s AI push is about spreading economic gains, not enriching tech giants, a finance CEO says
Hisham Alrayes, CEO of GFH Financial Group, said China is prioritizing open models to spread AI’s gains across its economy.
Nvidia may have picked up a win in China. So why isn’t the stock surging?
Few investors are banking on steady China business for Nvidia, even as a report says Beijing will allow sales to big customers in the key market.