Austerity Drive

China is launching a crackdown on the high life

June 20, 2023June 19, 2023 by China Factor Staff

Communist Party’s anti-graft agency targets the financial sector as the economy tanks amid jobs gloom

LandSpace recovers Zhuque-3 booster, then loses it to post-landing fire
Zhipu’s GLM-5.3-Flash runs on ~100,000 Chinese chips — and confirms the ‘Ox’ mystery model
‘Toothless’ ASEAN is losing its faith in the US
Trade tensions with Beijing reach a ‘breaking ‘point’
China and the US draw up the final frontier battle lines