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Blinken’s Xi Jinping meeting fails to answer’s China’s questions

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U.S. Secretary of State, Antony Blinken, seeks to keep communication open between the two world powers

U.S. Secretary of State, Antony Blinken, has just concluded a high-stakes visit to China where he met with the country’s President, Xi Jinping.

The meeting took place against a backdrop of heightened tensions between the world’s two largest economies over concerns of spying, national security and military escalations over the state of Taiwan.

However, the two parties left the meeting agreeing that the world depends on a generally stable U.S.-China relationship.

Xi said that the two countries must get along to secure the future and destiny of humanity.

CNBC’s Paulina Likos said it was a positive step for the two countries.

“It shows both countries are showing their commitment to resolve their disagreements, both are looking for ways to cooperate with one another,” she said.

“This visit also shows a peaceful meeting between two global powers when there is so much tension geo-politically.”

The trip was originally meant to take place in January this year but was postponed due to concerns over the Chinese spy balloon that was shot down over the U.S. in the weeks prior.

Blinken now becomes the highest-level American official to visit China in five years.

The Biden official spoke directly to the issue of Taiwan during the trip, which has been an issue central to the rising military tensions between the two powers and in the Asia Pacific region more broadly.

“On Taiwan, I reiterated the long-standing China policy, that policy has not changed,” Blinken said during the visit.

“[The U.S. does] not support Taiwan independence, we remain opposed to any unilateral changes to the status quo by either side. We continue to expect the peaceful resolution of cross-strait differences.”

The U.S. hopes the Blinken trip will open the door to a meeting in November between President Joe Biden and Xi Jinping.

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Niche accountants proving essential to e-commerce success

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Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

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Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

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Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending

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Israeli claims airstrikes have killed two successors to Hezbollah’s slain leader

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The update comes as Israel expands its ground offensive against the Iran-backed group with a fourth army division deployed into south Lebanon.

Israel Prime Minister Benjamin Netanyahu spoke in a video released by his office hours after the deputy leader of Hezbollah left the door open to a negotiated ceasefire, reports Reuters

Israel’s military said on Tuesday that heavy air strikes against underground Hezbollah installations in southern Lebanon over the prior 24 hours killed at least 50 fighters including six sector commanders and regional officials. #featured #trending

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