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Explainer-What is 'Taiwan independence' and is Taiwan already independent?

Explainer-What is 'Taiwan independence' and is Taiwan already independent?

TAIPEI, April 29 (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping will meet in Beijing next month for a summit where China is likely to try and make the issue of "Taiwan independence" a major part of the agenda.
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Explainer-US sanctions on China's Hengli mark escalation in Iran oil crackdown

Explainer-US sanctions on China's Hengli mark escalation in Iran oil crackdown

SINGAPORE, April 29 (Reuters) - The U.S. Treasury imposed sanctions on China's Hengli Petrochemical (Dalian) Refinery on Friday, accusing it of buying billions of dollars in Iranian oil, in a significant escalation of Washington's long-running effort to curb Tehran's oil revenue.
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Exclusive-Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

Exclusive-Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launch, sources say

BEIJING, April 29 (Reuters) - Demand for Huawei's Ascend 950 AI chips has surged following the release of DeepSeek's V4 artificial intelligence model that runs on the Shenzhen-based tech firm's chips, with major Chinese internet firms rushing to secure orders, three people familiar with the matter
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Analysis-White House quiet as China ramps up trade leverage before Trump-Xi summit

Analysis-White House quiet as China ramps up trade leverage before Trump-Xi summit

By Michael Martina WASHINGTON, April 30 (Reuters) - Beijing rolled out new trade rules this month that have alarmed U.S. businesses and which analysts say could seriously undercut American efforts to reduce supply chain dependence on China. 
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China's top airlines swing to Q1 profit, fuel costs cloud outlook

China's top airlines swing to Q1 profit, fuel costs cloud outlook

By Sophie Yu and Julie Zhu BEIJING/HONG KONG, April 30 (Reuters) - China's top three state-owned airlines bounced back to profit in the first quarter, helped by robust demand during the Lunar New Year holiday and recovering global travel, although the outlook is overshadowed by higher fuel costs
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China blocks Meta from acquiring startup Manus as global AI rivalry deepens

China blocks Meta from acquiring startup Manus as global AI rivalry deepens

China has banned a planned acquisition of the AI startup Manus following a probe into Meta’s planned purchase of the firm
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Trading Day: Tech in a world of its own

Trading Day: Tech in a world of its own

By Jamie McGeever ORLANDO, Florida, April 27 (Reuters) - Oil prices rose again on Monday on the lack of any sign that the Strait of Hormuz will reopen soon, but that didn't prevent the S&P 500 and Nasdaq from eking out new highs, as investors awaited a raft of earnings and central bank meetings this
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Beijing blocks Meta acquisition of Chinese AI startup Manus

Beijing blocks Meta acquisition of Chinese AI startup Manus

BEIJING, April 27 (Reuters) - China's state planner blocked U.S. tech giant Meta's purchase of Chinese artificial intelligence startup Manus on Monday, ordering the cancellation of the deal as Beijing and Washington jostle over supremacy in frontier industries.
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Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

Analysis-Blocking of Meta's AI startup buy raises risk for cross-border China tech deals

By Kane Wu, Laurie Chen and Eduardo Baptista BEIJING/HONG KONG/SINGAPORE, April 28 (Reuters) - China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties to the country amid Beijing's expansion of
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US stocks hover near their records as oil prices rise

US stocks hover near their records as oil prices rise

The U.S. stock market’s record-breaking rally is stalling after uncertainty rose over the weekend about what will happen next in the Iran war
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Seaport, Hemab launch US IPOs as biotech listings gather momentum

Seaport, Hemab launch US IPOs as biotech listings gather momentum

April 27 (Reuters) - Drug developers Seaport Therapeutics and Hemab Therapeutics launched their U.S. initial public offerings on Monday, seeking to capitalize on a growing investor appetite for new listings. The U.S.
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US stocks edge up to more records, while oil prices rise ahead of a blockbuster week for Wall Street

US stocks edge up to more records, while oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose over the weekend about what will happen next in the Iran war