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12.05.26 - 19:31
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Boeing Bets Comeback on Trump, China and an Elusive New Plane (Bloomberg)
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When Richard Nixon landed in Beijing in 1972 to end a quarter-century of Chinese diplomatic and economic isolation, his hosts were so enthralled with the US president's airliner that within months they ordered 10 Boeing Co. 707 jets.
That purchase kicked off one of the most consequential commercial relationships in the planemaker's 110-year history and helped turn China into the world's second-largest aviation market after the US. Now Boeing is poised to reprise that moment when President Donald Trump heads to China this week in search of his own breakthrough with his counterpart, Xi Jinping.
Boeing Chief Executive Officer Kelly Ortberg is expected to join the US delegation to China and has dangled the prospect of a major deal, saying Trump's visit would be “a meaningful opportunity for us.” We get more from Bloomberg's Sid Philip. (Source: Bloomberg)...
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12.05.26 - 19:18
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Fifa′s failure to agree World Cup TV deals in China and India a headache for Infantino (The Guardian)
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With the tournament a month away, there are still no agreements done with the two Asian giants to ensure fans there can watch all 104 gamesWhen Fifa expanded the World Cup from 32 to 48 teams, it was in the hope that countries such as India and China, with their 2.7 billion residents, would qualify rather than countries such as Cape Verde and Curaçao, whose combined population of about 700,000 barely equals a district of a megacity such as Mumbai or Shanghai. What the governing body did not account for was that, with the 2026 tournament a month away, there would be no broadcasting deals done with the two Asian giants to ensure fans there can watch the 104 games.A few months ago, Fifa was said to be offering this World Cup, and the next, to New Delhi and Beijing for respective sums of $100m (£73m) and between $250m and $300m. There have been no deals struck despite the asking price falling steadily. Continue reading......
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12.05.26 - 17:30
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AI engine: China′s booming tech exports give Beijing ′wind in its sails′ for Trump summit (SCMP)
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Driven by global appetite for artificial intelligence, China's computing hardware exports have emerged as a pivotal new engine for growth, providing Beijing with strategic leverage as US tech titans accompany President Donald Trump on a high-stakes visit to the Chinese capital this week, according to analysts.
Chinese trade received another significant boost from the technology sector in April, as integrated circuit (IC) export value doubled year on year to US$31.09 billion, according to data......
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12.05.26 - 17:30
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Trump heads to China to spread the gospel of American tech while emulating Xi Jinping on AI (The Guardian)
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Tim Cook and Elon Musk, among other tech CEOS, will accompany the US president on a trip to ChinaDonald Trump is heading to China this week. If his guest list is any clue, he wants to discuss technology with Xi Jinping, though perhaps after the war in Iran.On Monday, news broke that outgoing Apple CEO, Tim Cook, as well as SpaceX and Tesla CEO, Elon Musk, would join the US president. Other guests from the tech sphere include Meta's recently appointed president, Dina Powell McCormick; Sanjay Mehrotra, CEO of computer memory maker Micron; Chuck Robbins, CEO of longtime telecom giant Cisco; and Cristiano Amon, CEO of semiconductor maker Qualcomm, according to a White House official. Continue reading......
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12.05.26 - 15:54
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China clears Tencent′s Ximalaya acquisition with strict bans on exclusive deals, fee hikes (SCMP)
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Tencent Holdings has secured conditional approval to acquire online audio platform Ximalaya after a nearly year-long review by China's antitrust watchdog, a move set to expand the Shenzhen-based tech giant's footprint in China's digital content ecosystem.
The State Administration for Market Regulation (SAMR) cleared the deal on Tuesday, but imposed five conditions covering pricing and exclusivity to “effectively mitigate the potential negative impacts” of the acquisition, according to an......
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