Chinese companies developing reusable commercial rockets will have access to a fast lane for initial public offerings on the tech-heavy STAR market that exempts them from some financial requirements, the Shanghai Stock Exchange said on Friday.
The former president of China Life Insurance , Yang Chao, was expelled from the Communist Party after an investigation by China's anti-graft watchdog found he had committed violations including accepting bribes, the agency said in a statement on Friday.
China's foreign ministry announced sanctions on Friday targeting 10 individuals and 20 U.S. defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.