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Why the U.S. and China need Henry Kissinger right now

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Henry Kissinger, a veteran U.S. diplomat, made a surprise visit to Beijing where he met with Chinese President Xi Jinping on Thursday, as reported by state media.

The former U.S. Secretary of State, who is 100 years old, was warmly received by the Chinese premier at the Diaoyutai State Guesthouse, according to CCTV’s online post.

Specific details about the discussions were not disclosed, but the report praised Kissinger as a “legendary diplomat” due to his previous efforts in negotiating the reconciliation between the U.S. and China.

Xi Jinping was quoted by official state news agency Xinhua, as per Google translate, stating, “Chinese people value friendship, and we will never forget our old friend and your historic contribution to promoting the development of Sino-US relations and enhancing the friendship between the Chinese and American peoples.”

The U.S. State Department did not immediately respond to requests for comment on the meeting, while the White House clarified that Kissinger’s visit to China was not on behalf of the U.S. government.

This meeting marked Kissinger’s second unexpected encounter during the week, as he had previously spoken with China’s defense minister, Li Shangfu, on Tuesday.

Improve relations

The talks between Kissinger and Xi come at a time when there are ongoing efforts to improve diplomatic relations between the U.S. and China. The relationship between the two global powers has been strained in recent months due to various trade disputes in the tech sector, rising tensions concerning the Taiwan Strait, and security concerns surrounding a suspected Chinese spy balloon intercepted by the U.S.

Notably, Kissinger’s role in initiating the normalization of U.S.-China relations in 1971, which led to historic talks between then-U.S. President Richard Nixon and China’s Mao Zedong, continues to be highly regarded in China.

CCTV’s post also included a video showing Kissinger and Xi conversing in one of the opulent rooms of the state guesthouse, a location chosen for its intimate setting compared to the usual venue of the Great Hall of the People, where official diplomatic meetings are held.

It follows recent visits to China by U.S. Treasury Secretary Janet Yellen, U.S. Secretary of State Antony Blinken, and U.S. climate envoy John Kerry.

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NASA astronauts phone home, confident Boeing’s Starliner will return to Earth safely

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Stranded NASA astronauts express confidence in Boeing’s Starliner spacecraft, assuring its capability to safely transport them back to Earth from the International Space Station.

The astronauts, over a video call to NASA, highlighted Starliner’s enhanced safety features and testing protocols as reassuring factors for their safe return.

“I have a real good feeling in my heart that this spacecraft will bring us home, no problem…”, said Sunita “Suni” Williams, one of the stranded NASA astronauts.

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Leaders

Franchising vs. Independent: key differences to choosing the right SMB model

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With latest Australian Federal budget, many SMB’s are weighing their options when selecting a suitable business model.

Franchising provides brand recognition, operational support, and economies of scale but involves ongoing fees.

Independent businesses offer full control and profit retention but face higher costs and regulatory challenges.

For risk and reward, the franchising model reduces risk through established practices and support but involves ongoing fees and profit-sharing with the franchisor.

On the alternative, independent businesses retain full control of profits but face higher risks and responsibilities in managing the business.

Sonia Shwabsky, CEO at Kwik Kopy Australia, joins to share her key insights on SMB’s. #featured

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Money

Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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