China want's the US to not be "reactive" to these incidents. What's that all about? Sounds pretty cryptic doesn't it? The "unexpected and sporadic events" refer to incidents like Chinese spy balloons floating into US air space and tracking over our sensitive nuclear weapon silos. And I will translate China's meaning for you.Ĭhina says they expect the US to "handle unexpected and sporadic events in a calm, professional and rational manner." Let's look at the announcement from China about what it expects the US to do. But often the public is confused by the double speak nature of diplomatic pronouncements. ( 177 comments)ĭiplomacy involves being able to carefully choose certain words to use to express things which convey a message in a non-offending manner. It expects tech stocks to continue gaining this year, perhaps to the tune of 10% to 12%, especially as the Federal Reserve slows down its interest rate hikes and the integration of AI into everything is looking more like the next Industrial Revolution. "The massive $800 billion AI opportunity is now on the doorstep for the tech sector for the next decade," said Wedbush. It's becoming clearer to some that the recent AI wave is more akin to a moment for technology not seen since the mid-1990s, when the internet exploded in popularity and transformed the entire planet. The planes will be delivered from 2030 to 2035. The European plane maker announced the deal, with an estimated value of $50 billion based on list prices and typical discounts, at the Paris Air Show. SA contributor Zen Analyst said the uncertainty over the deal creates a layer of ambiguity in Adobe's short-term trajectory.Īirbus ( OTCPK:EADSY) ( OTCPK:EADSF) received what it described as the biggest deal in civil-aviation history yesterday, with an order for 500 narrowbody jets from Indian budget carrier IndiGo. The acquisition was not welcomed by Wall Street as many believe Adobe overpaid for Figma. as well as the U.S., even as Adobe remains confident in the deal's merits. The deal is already facing regulatory heat in the U.K. "More constructive engagement by both countries would be helpful, appreciating that competition between these two powerful economies will likely remain fierce." ( 8 comments)Īdobe's ( ADBE) planned $20 billion purchase of Figma is expected to face an in-depth review by European antitrust regulators, sending its stock 1% lower in premarket trade today. SA commentary: Investment manager Neuberger Berman said U.S.-China ties are facing a potentially more challenging political environment, with elections in Taiwan and the U.S. Both sides agreed to meet further to continue open lines of communication. The issues discussed included the contentious Taiwan issue and China's actions against U.S. "The two sides had candid, substantive, and constructive discussions on key priorities in the bilateral relationship and on a range of global and regional issues," the U.S. Blinken had earlier met China's top diplomat Wang Yi and Foreign Minister Qin Gang. will adopt an objective and rational perception of China, work with China in the same direction, and handle unexpected and sporadic events in a calm, professional and rational manner," the Chinese embassy in Singapore said in a statement.ĭig deeper: Blinken's trip included a surprise meeting with Chinese President Xi Jinping. needs to respect China and must not hurt China's legitimate rights and interests," said Xi. interests and does not seek to challenge or displace the U.S. "We're on the right trail here."Ĭhina's stance: Xi echoed Biden's views, saying good progress was made on diplomatic ties. "He (Blinken) did a hell of a job," Biden told reporters in California. President Joe Biden said U.S.-China ties are on the "right trail", hailing the progress made during Secretary of State Antony Blinken's two-day Beijing trip at a time when geopolitical tensions are on the rise.
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