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China's Taiwan Affairs Office did not respond to a request for comment. the person said, adding that the calls would connect but Chinese officials wouldn't pick up. Based on a long-standing practice, faxes continue to be exchanged between two semi-official organisations that handle routine affairs: Taiwan's Straits Exchange Foundation and China's Association for Relations Across the Taiwan Straits. The council told Reuters that while Chinese officials do not reply directly, they have handled Taiwanese requests when needed or responded through public statements. China this year labeled Tsai's administration "evil" while Taiwan called China "incredibly absurd".
Nov 13 (Reuters) - U.S. President Joe Biden will meet Chinese leader Xi Jinping in person on Monday for the first time since taking office, with U.S. concerns over Taiwan, Russia's war in Ukraine and North Korea's nuclear ambitions on top of his agenda. Biden and Xi, who have held five phone or video calls since Biden became president in January 2021, last met in person during the Obama administration. Xi's government has also criticized the Biden administration's posture toward Taiwan as undermining China's sovereignty and territorial integrity. Biden will also discuss Moscow's invasion of Ukraine and plans to be "unapologetic" in his defence of Ukraine, U.S. officials said last week. Biden will also warn Xi that North Korea's continued pursuit of weapons development will lead to an enhanced U.S. military presence in the region, the White House said.
Job growth was stronger than expected in October despite Federal Reserve interest rate increases aimed at slowing what is still a strong labor market. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs but worse than the 3.5% estimate for the unemployment rate. Average hourly earnings grew 4.7% from a year ago and 0.4% for the month, indicating that wage growth is still likely to pressure inflation. Those hikes are aimed in part at cooling a labor market where there are still nearly two jobs for every available unemployed worker.
Although the number was better than expected, it still marked the slowest pace of job gains since December 2020. Nonfarm payrolls grew by 261,000 for the month while the unemployment rate moved higher to 3.7%, the Labor Department reported Friday. Those payroll numbers were better than the Dow Jones estimate for 205,000 more jobs, but worse than the 3.5% estimate for the unemployment rate. Traders expect the Fed to enact another .5 percentage point increase in February. The unemployment rate rose 0.2 percentage point even though the labor force participation rate declined by one-tenth of a point to 62.2%.
Insurance Broker Marsh & McLennan Names New CEO
  + stars: | 2022-09-26 | by ( Leslie Scism | ) www.wsj.com   time to read: 1 min
Insurance broker and benefits firm Marsh & McLennan said Chief Executive Officer Daniel S. Glaser will retire at the end of the year and Chief Operating Officer John Q. Doyle will succeed him. Mr. Doyle’s promotion to the top job mimics Mr. Glaser’s own path back in September 2012. Then, Mr. Glaser, the chief operating officer, was named CEO. Mr. Doyle, who is 58, will take over from Mr. Glaser, now 62.
Semiconductor chips are the tiny brains that power our technological world, from cars and cellphones to fighter jets and advanced missile systems. Right now China is awash in money for tech, but you need the right people and customers that trust you. Why China needs the chipsThe Chinese economy is big, but it isn't wealthy. In other words, China needs a more lucrative line of business the same way someone with credit-card debt needs a raise. The Made in China 2025 plan lays out a goal for domestically manufactured chips to meet 70% of China's semiconductor needs within three years.
World AIDS Day: 5 ways you can make a difference
  + stars: | 2018-12-01 | by ( Lauren Lee | ) edition.cnn.com   time to read: +6 min
CNN —December 1 is World AIDS Day, an annual event raising awareness and money to fight AIDS around the world. According to the World Health Organization, an “estimated 38.4 million people were living with HIV at the end of 2021.”CNN Impact Your World spoke with two high-profile AIDS activists about five ways we all can play a role preventing HIV and AIDS. Courtesy Above All PhotographyActivist Deondre Moore, HIV Plus Magazine’s 2022 Person of the Year, tested HIV-positive when he was 19. Courtesy Ashley Rose Murphy24-year-old Ashley Rose Murphy was born with HIV, exposed by her infected birth mother in the womb. 3.Educate yourself and spread the wordWhile in high school, Murphy traveled the world speaking about HIV and AIDS.
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