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TOPSHOT - Navy soldiers walk past a Taiwan-made corvette warship during the inauguration ceremony in Yilan on March 26, 2024. Sam Yeh | Afp | Getty ImagesThe U.S. and Taiwan navies conducted joint drills in the Pacific in April that, officially, did not take place, four people briefed on the matter said, as the two militaries boost cooperation amid rising Chinese military threats. Washington and Taipei have been expanding their military cooperation in recent years amid almost daily Chinese incursions into Taiwan's air defense identification zone and drills by Chinese forces near the island. The drills, which were not publicized, took place last month in the Western Pacific, according to the sources, who requested anonymity given the sensitivity of the matter. "The Navy often makes contact with vessels of other countries and conducts encounter drills as needed," the statement said, without elaborating.
Persons: Sam Yeh Organizations: Navy, Afp, Getty, U.S, Pentagon Locations: Taiwan, Yilan, Pacific, Washington, Taipei, U.S, China, United States, Beijing
Tim Cook might have helped Apple avert a wider crisis in China. iPhone sales rose 12% in China in March after months of decline. AdvertisementIt looks like Tim Cook can breathe a small sigh of relief about Apple's prospects in China — for now. After months of freefallling iPhone sales there, signs are emerging of a rebound in what is arguably Apple's most important international market. Official government data, first reported by Bloomberg, suggests iPhone sales rose 12% in China in March, with overall shipments of non-Chinese smartphones jumping to 3.75 million units.
Persons: Tim Cook, Apple, Organizations: Apple, Service, Bloomberg, Business Locations: China
Read previewEarly on Tuesday, Israeli tanks seized control of the vital Rafah border crossing between Gaza and Egypt. But throughout its eight-month war, Israel has shown that it is willing to reject and ignore the advice of its most important international ally, the US. Israel on Monday warned civilians in eastern Rafah to evacuate, indicating that an attack may be imminent. His coalition is fragile, and he relies on the support of far-right lawmakers who are demanding an attack on Rafah. AdvertisementThe Gaza war has repeatedly threatened to spill into a wider regional conflict, and scenes of new civilian suffering in Rafah could intensify that threat.
Persons: , Joe Biden, Benjamin Netanyahu, Matt Duss, Biden, John Kirby, Netanyahu, Israel Biden, Israel, JIM WATSON, He's, Aaron David Miller, Dave Harden Organizations: Service, Hamas, Israeli, Business, Washington, Center for International, House, Monday, Biden, Getty, US, Carnegie Endowment, International Peace, Wall Street, New York Times, US Agency for International Development, West Bank, BBC Locations: Gaza, Egypt, Israel, Rafah, Ukraine, Israel —, Qatar, New York City, Palestinian, Saudi Arabia
Photo of a person making a mobile payment. Ant InternationalChinese fintech major Ant Group is looking to boost its global presence via its digital offering, Alipay+, as it seeks to connect mobile payment apps around the world. The group's global arm, Ant International, introduced Alipay+ in 2020, allowing foreigners to use apps from their home countries to make payments in China and other countries by scanning QR codes of Ant Group's largely domestically-focused platform Alipay. Ant with its Alipay+ offering seeks to make the most of the early inroads into those markets. "We had the benefit that Alipay was already accepted in many merchants around the world so one of our first steps was [to] convert those merchants to Alipay+ merchants.
Persons: Douglas Feagin, Ant Group's, Ant, Feagin, Alipay Organizations: Ant, Ant Group, CNBC, Ant International Locations: China, Asia, Latam, Europe, U.S, Alipay, Singapore, South Korea, Thailand, Japan
Al-Bursh was arrested along with 10 other medical workers in December during the Israeli military ground invasion of the Jabalya refugee camp, CNN previously reported. He was taken away while treating patients in Al-Awda Hospital, according to the statement. Earlier on Thursday, Israel released dozens of Gaza detainees via the Kerem Shalom crossing in southern Israel. The seven-month bombardment of Gaza has killed more than 34,600 people, according to the Gaza health ministry. Concerns are also heightened over an anticipated Israeli military operation in southern Gaza’s Rafah, prompting renewed calls for a ceasefire.
Persons: Adnan Al, Bursh, Israel, Marwan Abu Saada, , “ Dr, Adnan, ” Saada, , , Ismail Khadr Organizations: CNN, Shifa, Palestinian Prisoners ’ Society, ’ Affairs, Al, Awda, Israel Defense Forces, IDF, United Nations Locations: Gaza, Al, Gaza City, , Israel, Gaza’s Rafah
CNBC Pro used its stock screener tool to identify the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are said to be overbought, indicating that shares might soon turn lower. On Thursday, the technology giant posted a first-quarter earnings and revenue beat as its Google Cloud and YouTube advertising revenue outpaced expectations. On the other hand, Ulta Beauty , with an RSI of 21, is one of the most oversold stocks on Wall Street. IBM stock slipped this week after the company posted better-than-expected first-quarter earnings but missed on revenue.
Persons: Jefferies, Ashley Helgans, J.B, Fred Imbert Organizations: Microsoft, CNBC Pro, Google, Hasbro, Hunt Transport Services, Tech, International, Machines, IBM
The United States is Taiwan's most important international supporter and arms supplier despite the absence of formal diplomatic ties. Democratically governed Taiwan has faced increased military pressure from China, which views the island as its own territory. Taiwan has previously reported Chinese military aircraft getting close to but not entering the contiguous zone. On Saturday, Taiwan's defence ministry said China had again carried out "joint combat readiness patrols" with Chinese warships and warplanes around Taiwan. China's defence ministry did not answer calls seeking comment outside of office hours on Sunday.
Persons: Ceng Shou Yi, Wang Ting Organizations: Getty, Taipei, U.S . House, Democratic Progressive Party Locations: China, Pingtung county, Taiwan, Taipei, Japan, Canada, India, Beijing, United States, Ukraine, Israel, U.S, Russian, Taiwan Strait, Taiwan's
AdvertisementTim Cook would like you to think everything is going swimmingly for Apple in China. It's already won over some consumers since launching the Mate 60 Pro series last year. The Huawei Mate 60 rivals the latest iPhone. They expect another decline in iPhone sales in the region in Apple's quarterly earnings on May 2. Cook might be putting on a brave face, but iPhone sales in China may keep sliding if Huawei has its way.
Persons: , Tim Cook, Cook, there's, It's, They're, Wang Gang, Ivan Lam, Apple Organizations: Apple, Huawei, Service, Bund, Counterpoint Research, Publishing, Washington, Reuters Locations: China, Shanghai's Jing'an, Cook, iPhones, Greater China
Apple believes that AI is the future
  + stars: | 2024-04-16 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Apple wanted all eyes to be on the Vision Pro when it launched. A report about AI chips coming to next-gen Macs helped boost Apple's stock by $112 billion. AdvertisementTwo months ago, Tim Cook was busy marking Apple's bold new vision of the future with the launch of expensive nerd goggles. Second, the future of the Vision Pro remains highly uncertain. Just don't expect the Vision Pro to steal the show in the same way a big AI reveal would.
Persons: , Tim Cook, Bloomberg's Mark Gurman, Apple, Peter Kafka Organizations: Apple, Service, International Data Corporation, Publishing, Getty, Huawei, Apple's, Vision Locations: Cupertino, Shanghai, China
The three-day visit, at North Korea’s invitation, shows the “great importance” China attaches to those relations, a Chinese Foreign Ministry spokesperson said. The delegation will also arrive amid heightened global concern about North Korea, which has in recent months ramped up its bellicose rhetoric and continued its weapons testing. The trip could also be an important opportunity for the upper echelons of China’s political establishment to better understand the circumstances in North Korea today. Balance of powerChina has long walked a thin line in its relations with North Korea. It is a critical economic lifeline for a North Korea crippled by international sanctions over its illegal weapons testing.
Persons: Zhao Leji, , KCNA, Zhao, Xi Jinping, China’s, Joe Biden, Fumio Kishida, Kishida, Li Qiang, Liu Dongshu, , ” Liu, Kim, Li Mingjiang, Vladimir Putin, Yun Sun Organizations: Hong Kong CNN — China’s, Beijing, Foreign Ministry, Japanese, CNN, Communist, North Korea –, Hong Kong’s City University, North, Singapore’s Nanyang Technological University, , United Nations Security, Stimson Locations: China, Hong Kong, North Korea, Pyongyang, Beijing, Moscow, United States, North, Japan, South Korea, Ukraine, Asia, Washington, Philippines, Russia, North Korean, Covid, Pacific, American
A May 1985 report in the journal Nature was alarming. High above Antarctica, a massive hole had opened in the ozone shield that protects life on earth from the sun’s ultraviolet rays. The finding confirmed what scientists had warned of since the 1970s: Atmospheric ozone was being broken down by the wide use of chlorofluorocarbons, chemicals known as CFCs, which were found in aerosol sprays, refrigeration and air conditioning. Just over two years later, dozens of nations meeting in Montreal signed an agreement to significantly reduce CFCs, which the Environmental Protection Agency estimated would prevent 27 million deaths from skin cancers. “This is perhaps the most historically significant international environmental agreement,” Richard E. Benedick, the chief United States negotiator, said at the time.
Persons: ” Richard E Organizations: Environmental Protection Agency Locations: Antarctica, Montreal, States
Read previewThe last thing Tim Cook needs this year is for the iPhone to give him a headache. Unfortunately for Apple, that task could be complicated as signs emerge that its workhorse gadget needs a revamp. In its most recent quarter, Apple generated almost $70 billion of its $119.6 billion total revenue from iPhone sales. China, Apple's most important international market, has started to sour on iPhones, bucking a trend of growth in other regions. Apple's AI efforts, led by ex-Googler and senior vice president John Giannandrea, could introduce several AI features to iPhones that offer an edge over Chinese competitors.
Persons: , Tim Cook, Cook, Steve Jobs, Paul Sakuma, Will Wong, Wong, Wang Gang, Gene Munster, Munster, Dan Ives, John Giannandrea, Siri, Jobs Organizations: Service, Apple, Vision, Business, Macworld, Counterpoint Research, Vivo, Huawei, Wall Street Journal, IDC's, Devices, Research, Asset Management Locations: Cupertino, China, Greater China, Beijing, Singapore, IDC's Asia
Washington CNN —President Joe Biden and his political opponent Donald Trump both agree: The situation along the US-Mexico border needs to change. “Join me – or I’ll join you – in telling Congress to pass this bipartisan border security bill,” Biden said, addressing Trump directly. “The United States is being overrun by the Biden migrant crime,” Trump said in Eagle Pass, adding that Biden has “the blood of countless innocent victims” on his hands. “We work for the American people.”Addressing Trump, Biden said: “So instead of playing politics with the issue, why don’t we just get together and get it done?”It’s an unlikely prospect. Biden previously signaled openness to Republican-favored concessions in order to get the border bill passed.
Persons: Joe Biden, Donald Trump, Biden, Trump, ” Biden, ” Trump, , Biden’s, , ’ ” Biden, , Let’s, doesn’t, Greg Abbott, Laken Hope Riley, “ barbarically, , ” Riley, terrifically, Crooked Joe Biden, Jose Antonio Ibarra, Ibarra –, Riley, “ They’re, ratcheting, Trump’s, Abbott, ” Abbott, Priscilla Alvarez, Daniel Dale, MJ Lee Organizations: Washington CNN, Trump, Republicans, Biden, CNN, Russia, Texas Gov, Investigators, Research, Republican, Abbott, Democratic Locations: Mexico, Texas, Brownsville, entreating, Eagle, Georgia, United States, America, Ukraine, Gaza, . Texas, Austin
What is happening is to a certain extent, an element of a civil war,” Putin claimed. The island remained a Japanese colony for half a century until the end of World War II, when it came under the control of China’s ruling Nationalist government. Today Xi is expanding China’s military at a pace the world hasn’t seen in a century – since before World War Two. Long-time China analyst Steve Tsang, author of “If China Attacks Taiwan,” once told me that Xi’s military build-up is, by comparison, larger than Nazi Germany and Imperial Japan combined. Many here in Taiwan fear it’s only a matter of time before Xi, like Putin, puts his words into action.
Persons: Taiwan CNN —, Kolas Yotaka, Tucker, Vladimir Putin, “ Putin, Xi, , Putin, Xi Jinping, ” Yotaka, , Jens Stoltenberg, , ” Stoltenberg, it’s, ” China’s, Russia –, Carlson, ” Putin, Critics, Chiang Kai, shek, ” Xi, He’s, Tsai Ing, Steve Tsang Organizations: Taiwan CNN, Taiwan Presidential, Taiwan –, NATO, Munich Security, Communist Party, Russia, Observers, Nationalist, Communists, Taiwan’s National Chengchi, Democratic Progressive Party, Taipei, Xi, Navy, Global China, Atlantic Council, Taiwan Relations Locations: Taipei, Taiwan, Ukraine, Beijing, China, Russia, Soviet, Ukrainian, Soviet Union, Japan, Republic of China, Taiwan Strait, United States, Hong Kong, Nazi Germany, Imperial Japan, Washington
Cryptic intelligence reports this week of Russia building an unspecified nuclear space weapon stoked fear among Americans who worried escalating nuclear threats could mean global catastrophe is near. Experts on space security and the risks posed by nuclear weapons told Business Insider that rumors of Russia creating such a weapon are likely true but that it's not time to panic just yet. NPR reported the White House confirmed that Russia is working on a weapon that could threaten satellites in space but that nothing has been deployed. However, Russia has been developing anti-satellite weapons for years, John Erath, senior policy director at the Center for Arms Control and Non-Proliferation, told BI. But that's where this gets a little bit complicated because a nuclear weapon isn't really that."
Persons: US —, John Erath, They've, they've, Erath, Victoria Samson, Samson Organizations: Service, Business, CNN, NPR, White House, Soviet Union, US, Center for Arms Control, Prime, Station, Hubble, SpaceX, GPS, Starfish, Secure, Foundation Locations: Russia, Soviet, United States, Iraq
CNN —John Podesta, a senior White House adviser focused on clean energy and climate, will take over as US climate diplomat after John Kerry steps down this spring, according to a source familiar with the move. Podesta first came to the Biden White House in September 2022, when he was tasked with implementing the climate measures in the Inflation Reduction Act. Podesta also previously served as a top climate adviser to former President Barack Obama, where he was involved both in domestic and international climate policy. Podesta will inherit a more favorable international climate landscape than Kerry did when he took the role in 2021. And Kerry prioritized restarting international climate talks between the US and China, after China abruptly halted cooperation over other geopolitical issues.
Persons: CNN — John Podesta, John Kerry, Podesta, Hillary Clinton’s, Biden, Barack Obama, integrally, Kerry, Jeff Zients, John Podesta, ” Zients, “ John, , ” Kerry, , , “ We’ve, Biden’s, John, “ He’s, Donald Trump, “ We’re Organizations: CNN, White, Democratic, White House, State Department, Biden White House, Obama, Dubai . White, COP28 Locations: Paris, Dubai ., Glasgow, Sharm el, Dubai, China
Apple's iPhone was the bestselling smartphone in China for the first time last year. Apple had a record market share of 17.3% in 2023, International Data Corporation figures showed. Local competitor Huawei trailed behind Apple's 20% market share in Q4 with 13.9% of the market share in the year's final quarter, per the data. Huawei previously outpaced Apple's iPhone 15 with its Mate 60 Pro smartphone, released just weeks before Apple's new model, Jefferies analysts said. Preliminary data from the IDC Worldwide Quarterly Mobile Phone Tracker showed that China smartphone shipments totaled 271.3 million units in 2023, a decline of 5.0% from 2022.
Persons: , Tim Cook, Arthur Guo, Apple Organizations: Apple, International Data Corporation, Huawei, Service, Local, Apple's, Jefferies, IDC China, IDC, Business Locations: China
TAIPEI (Reuters) -Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won an election earlier this month. "I also hope that the two co-chairs and our friends in the U.S. Congress can continue to support Taiwan in bolstering its self-defence capabilities." Diaz-Balart told Lai his main message was that U.S. support for Taiwan was firm, real and "100% bipartisan". "Rest assured that you have the support of the United States Congress," he said. China has repeatedly warned the United States to stop its support for Taiwan and the issue is a constant irritant in Sino-U.S. relations.
Persons: Lai Ching, Lai, Mario Diaz, Ami Bera, Diaz, Balart, Tsai Ing, Joe Biden, Ben Blanchard, Kim Coghill, Michael Perry, Raju Gopalakrishnan Organizations: Democratic Progressive Party, U.S . House, Representatives Taiwan Caucus, Republican, Balart, Democratic, ., U.S, Congress, United States Congress Locations: TAIPEI, Taiwan, United States, U.S, Taipei, China
BEIJING (AP) — China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. Political Cartoons View All 253 Images“We are deeply concerned about the recent escalation of the Red Sea situation. The Red Sea is an important international trade route for goods and energy,” Wang said. Some of the world’s largest container shipping companies and oil giant BP have been sending vessels on longer journeys around Africa that bypass the Red Sea. In response to the growing impact on global trade, the United States and a host of other nations have created a new force to protect ships.
Persons: Wang Wenbin, ” Wang, Yemen’s, Israel —, Wang, Good Hope, , Organizations: BEIJING, Foreign, Kiel Institute, Washington, U.S, United Nations Security Locations: China, Suez, Iran, Red, Iranian, Asia, Europe, Sanaa, Saudi, Israel, Gaza, United States, Africa, Good, Drewry, Germany, U.S, Iraq, Syria, Red Sea, Saudi Arabia, East, Beijing, Yemen
The two members of Congress plan to engage with senior officials and business leaders during their visit. Lai Ching-te from Taiwan's ruling Democratic Progressive Party (DPP) won the Jan. 13 presidential election and will take office on May 20. China views visits by U.S. officials to Taiwan as sending an encouraging signal to the pro-independence camp on the island. Taiwan's government says Beijing has no right to speak for the island's people or represent them on the world stage. The United States is Taiwan's most important international backer, despite the lack of formal diplomatic ties, and a major arms supplier to Taipei.
Persons: Patricia Zengerle WASHINGTON, Mario Diaz Balart, Ami Bera, Lai Ching, Lai, Patricia Zengerle, Sandra Maler Organizations: U.S . House, Representatives Taiwan Caucus, Republican, Democratic, Democratic Progressive Party, U.S Locations: Taipei, Taiwan, United States, China, Beijing
Turkish President Tayyip Erdogan delivers a national statement at the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. "The current situation in Gaza constitutes a war crime and a crime against humanity; those responsible must be held accountable under international law," he said. The war against the innocent people of Palestine is a war crime that must be ended now," he said in his address. The "international youth delegate" said he would try to raise awareness at the COP28 conference of the Palestinian cause. The assault sparked outrage in the Arab world, though most Western leaders have supported what they say is Israel's right to defend itself.
Persons: Tayyip Erdogan, Al Sudani, Israel, Cyril Ramaphosa, Jordan's King Abdullah, Mohammed Ursof, Antony Blinken, Blinken, Rishi Sunak, Sheikh Tamim bin Hamad Al Thani, Isaac Herzog, Sheikh Mohamed bin Zayed Al Nahyan, Herzog, Oded Joseph, Bahrain's King Hamad bin Isa Al Khalifa, Abdul Latif Rashid, Gustavo Petro, Alexander Cornwell, Nadine Awadalla, Jana Choukeir, Huseyin Hayatsever, Mai Shams El, Richard Valdmanis, William Maclean Organizations: United Nations, Change, United Arab Emirates, REUTERS, Rights, Reuters, Hamas, United, U.S, State Department, Palestinian Authority, Dubai, UAE, Foreign Ministry, Reuters COP28, Thomson Locations: Dubai, United Arab, Israel, Gaza, Palestinian, Africa, Palestine, UAE, Qatar, Egypt, Jordan, Bahrain, COP28
In a post on his Facebook page, Lai said he would formally present Hsiao as his running mate on Monday afternoon. "Bi-khim's relationships in D.C. will be invaluable to a President Lai, if he is elected, she's going to bring all of those relationships into his government and he doesn't have those," he told Reuters. The United States, as with most countries, has no formal ties with Taiwan, but is the island's most important international supporter and arms supplier. 'INDEPENDENCE ACT'Like Lai, Hsiao is despised by China, which has twice placed sanctions on her, most recently in April, saying she was an "independence diehard". The DPP champions Taiwan's separate identity from China.
Persons: Hsiao, khim, Morris Chang, Carlos Barria, Lai Ching, Lai, Democratic Progressive Party's, Rupert Hammond, Chambers, Chen Shui, Ben Blanchard, Yimou Lee, Muralikumar Anantharaman Organizations: APEC, Economic Cooperation, REUTERS, Rights, Democratic Progressive, U.S ., Taiwan Business Council, Reuters, The, ACT, Taiwan Affairs Office, DPP, Kuomintang, KMT, Taiwan People's Party, Facebook, Thomson Locations: U.S, Asia, San Francisco , California, Rights TAIPEI, United States, January's, Washington, Beijing, Taiwan, China, The United States, Japan
Representative to the United States, Taipei Economic and Cultural Representative Office T.H. Lai, vice president and the ruling Democratic Progressive Party's (DPP) presidential candidate, has led in most opinion polls ahead of the election, which is taking place as Taiwan comes under increased pressure from China to accept its sovereignty claim. The United States, as with most countries, has no formal ties with Taiwan, but is the island's most important international supporter and arms supplier. 'INDEPENDENCE ACT'Like Lai, Hsiao is despised by China, which has twice placed sanctions on her, most recently in April, saying she was an "independence diehard". The DPP's smooth handling of its vice presidential nominee stands in contrast with efforts by Taiwan's two main opposition parties to agree on a joint ticket.
Persons: Hsiao, Lai Ching, Lai, Democratic Progressive Party's, Rupert Hammond, Chambers, Chen Shui Organizations: Cultural, T.H, Sheraton, Democratic Progressive, U.S ., Taiwan Business Council, Reuters, The, ACT, Taiwan Affairs Office, DPP, Kuomintang, KMT, Taiwan People's Party, Facebook Locations: United States, Taipei, Sheraton New York, New York City, January's, Washington, Beijing, Taiwan, China, U.S, The United States, Japan
JERUSALEM, Nov 19 (Reuters) - Israel said on Sunday that Yemen's Houthis had seized a British-owned and Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. Last week, the Houthi leader said his forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait. Israeli Prime Minister Benjamin Netanyahu's office said a ship - which it did not name - had been seized, and stressed that Israel was not involved in its ownership, operation or the make-up of its international crew. The Israeli military said in an earlier statement the ship seizure took place in the Red Sea. Writing by Dan Williams; Editing by Jane Merriman and Hugh LawsonOur Standards: The Thomson Reuters Trust Principles.
Persons: Israel, Yemen's Houthis, Benjamin Netanyahu's, Dan Williams, Jane Merriman, Hugh Lawson Organizations: U.S . Defense, Thomson Locations: British, Tehran, Israel, Gaza, Mandeb, belligerence, Red
In a post on his Facebook page, Lai said he would formally present Hsiao as his running mate on Monday afternoon. "Bi-khim's relationships in D.C. will be invaluable to a President Lai, if he is elected, she's going to bring all of those relationships into his government and he doesn't have those," he told Reuters. The United States, as with most countries, has no formal ties with Taiwan, but is the island's most important international supporter and arms supplier. 'INDEPENDENCE ACT'Like Lai, Hsiao is despised by China, which has twice placed sanctions on her, most recently in April, saying she was an "independence diehard". The DPP champions Taiwan's separate identity from China.
Persons: Ben Blanchard, Yimou Lee, Lai Ching, Lai, Democratic Progressive Party's, Hsiao, Rupert Hammond, Chambers, Chen Shui, Muralikumar Anantharaman Organizations: Democratic Progressive, U.S ., Taiwan Business Council, Reuters, The, ACT, Taiwan Affairs Office, DPP, Kuomintang, KMT, Taiwan People's Party, Facebook Locations: Yimou Lee TAIPEI, United States, January's, Washington, Beijing, Taiwan, China, U.S, The United States, Japan
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