Stabilizing

China’s President Xi Meets Antony Blinken in Beijing: Stabilizing Relations and Tackling Contentious Issues

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HONG KONG — Secretary of State Antony Blinken held talks with Chinese President Xi Jinping in Beijing, wrapping up a three-day visit to China focused on addressing contentious issues and warnings of strained relations. The meeting took place at the Great Hall of the People, where Xi emphasized the importance of a partnership between the United States and China, rather than viewing each other as adversaries. During a press briefing after the meeting, Blinken emphasized …

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Manufacturing Rebound: China’s Economy Shows Signs of Stabilizing

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Beijing, China – China’s manufacturing sector showed signs of revival in March, marking its first expansion since September. This development serves as a positive indicator that the world’s second-largest economy is gradually stabilizing. The official manufacturing purchasing managers index climbed to 50.8 in March, up from 49.1 in the previous month, surpassing economists’ expectations and achieving its highest level since March of the prior year. This increase in manufacturing activity suggests a potential turnaround for …

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Oracle Corp. Surges 11% with Stabilizing Cloud Growth – Beat Wall Street Estimates!

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Austin, Texas – Oracle Corp. experienced a significant 11% surge in its stock prices, signifying a positive trend in its cloud computing division. The company reported a 25% increase in cloud revenue, exceeding Wall Street’s expectations at $5.1 billion. Of this revenue, $1.8 billion came from renting computing power and storage, while $3.3 billion originated from applications. Focusing on expanding its cloud infrastructure business, Oracle aims to compete with industry giants like Amazon.com Inc., Microsoft …

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