Founder of China’s disgraced property giant jailed for life, as firm fined over US$2 billion

In a landmark decision that underscores Beijing’s resolute stance on corporate accountability and financial stability, China’s judicial system has delivered a life sentence to Xu Jiayin, the charismatic founder of…

Wang Fuk Court Residents Stand Firm Against Government Buyout as Deadline Looms

Nine months after a devastating fire claimed 168 lives and displaced thousands in Tai Po, a crucial deadline is approaching for residents of the Wang Fuk Court housing estate. Monday…

US Accuses Chinese AI Firm of Covertly Copying Advanced American Models

A top White House official has leveled serious accusations against a Chinese artificial intelligence startup, Moonshot AI, alleging the company engaged in covertly copying Anthropic’s most advanced AI model to…