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Is the U.S. desperately trying to make China happier after trips to Taiwan?

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Another big-name U.S. official is heading to China. First, it was Secretary of State Antony Blinken a few weeks ago, now Treasury Secretary Janet Yellen will be making the trip

 
U.S. Treasury Secretary Janet Yellen will be visiting Beijing from July 6-9 to meet with senior Chinese officials on a range of issues, including U.S. concerns over China’s counterespionage laws.

Her’s is the second trip of a high-ranking U.S. official in a matter of weeks, following Secretary of State Antony Blinken’s trip just weeks ago.

These two trips stand in contrast to the recent diplomatic norm where U.S. officials would be more likely to visit Taiwan, the self-proclaimed independent nation state off the coast of China.

Speaker of the house Kevin McCarthy visited the territory earlier this year, and his predecessor Nancy Pelosi did so in 2022.

Both visits brought strong condemnation from the Chinese government, and Blinken and Yellen’s trips may reflect a change in tactic by Washington to ease tensions between the two countries.

Tensions which have only grown in recent years, in no small part due to China’s stance on Taiwan, which China rejects its claims of independence, regarding it as a rebellious part of the larger country.

Business leaders such as Bill Gates and Elon Musk have also begun making the trip to China as well in recent months.

Bruce Wolpe of the U.S. Studies Centre said Yellen’s trip was part of President Biden’s push to stabilise relations between the two countries as he would not want to inadvertently escalate into a military conflict through poor communication.

He also said it would be a good opportunity for Yellen to gauge the strength of China’s economy, which has slowed ever since battling to contain the Covid-19 pandemic.

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Streaming wars: can Apple compete with Spotify?

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Spotify’s 2023 Wrapped has dropped prompting listeners to review their top artists, genres, and songs of the year.

Many are taking to social media platforms to share their listening trends with family, friends, coworkers, and even other fans on the internet.

While Apple Music, a rival platform, has its own year-end campaign—it hasn’t quite ignited the same online response.

Seth Schachner, the Managing Director at StratAmericas and a former Sony Music Executive joins Veronica Dudo to discuss. #Spotify #music #Apple #AppleMusic #SpotifyWrapped #streaming #featured #IN AMERICA TODAY

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What Australia can learn from NZ’s supermarket inquiry

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Coles and Woolworths, two of Australia’s largest supermarket chains, are about to face a Senate inquiry that aims to scrutinise their market dominance and business practices.

The inquiry’s parallels with a past New Zealand investigation highlight the growing concern over the duopoly’s impact on consumers and smaller businesses.

The Senate inquiry, set to begin next month, comes as a response to mounting public pressure and allegations of anti-competitive behavior in the grocery sector.

New Zealand example

Similar concerns led New Zealand to conduct its own inquiry into the supermarket industry back in 2019, resulting in recommendations for increased regulation and transparency.

The central question here is whether Coles and Woolworths wield too much power in the Australian market, potentially stifling competition and limiting choices for consumers.

With the New Zealand example as a cautionary tale, many are wondering if this inquiry will result in meaningful changes to the Australian grocery landscape.

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Elon Musk: Nikki Haley’s ‘campaign is dead’

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Elon Musk has thrown a verbal jab at former South Carolina Governor Nikki Haley, declaring her political campaign as “dead” on X.

The unexpected comment from the Tesla and SpaceX CEO has ignited a new wave of discussion within the political sphere, leaving many wondering about the implications for Haley’s political future.

In a tweet that garnered significant attention, Musk criticized Haley’s recent policy stance, writing, “Nikki Haley’s campaign is dead on arrival if she continues to ignore the urgency of climate change.

We need leaders who prioritize the planet’s future.” The tech mogul’s remarks come as Haley, a prominent Republican figure, has been exploring the possibility of running for president in the upcoming election cycle.

Musk’s statement has reignited the debate over climate change within the Republican Party, with many conservatives emphasizing economic interests over environmental concerns.

This raises questions about whether Musk’s endorsement or critique could influence the GOP’s stance on climate issues and potentially impact the 2024 presidential race.

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