China, Mao Zedong and Kylian Mbappé
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The Defense Intelligence Agency (DIA) has released the public’s best look yet at Shenlong, China’s ultra-secret space plane. Details remain scarce on the experimental reusable vehicle, but the unclassified photo offers an unprecedented glimpse of the craft from below,
Oct 26 (Reuters) - While global tech stocks teeter, in China they have already crashed as lofty valuations collapse under worries about AI demand and curbs on Chinese exports. The meltdown, tanking the mainland STAR50 index of AI and semiconductor leaders by 40% in less than four months and vaporising some $480 billion in market value,
India-China ties were on a cautious recovery path until a border official’s remarks raised fresh doubts about ground realities.
Goldman Sachs’ Hui Shan noted over the weekend that China’s Q3 real GDP grew 4.5% year on year, slightly above the consensus expectation of 4.4%.
The Chinese spaceplane has delta wings, payload bay doors, a dark heat shield, and a rear-mounted service module with power-generating solar arrays. In other words, the design of the winged ship is, to a great degree, a copy of the X-37B spaceplane flown by the US Space Force.
The latest figures mark a major milestone as Beijing grapples with an ageing population.
Luxury German carmaker Porsche said it's rapidly reducing its exposure to the Chinese autos market after reporting a profit recovery in the first nine months.
The Communist Party uses a “national team” of state-owned investment funds to stem the market rout. But this time, investors are not sure it will work.
