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Several US executives to visit China this week: sources
By Laurie Chen BEIJING (Reuters) -A high-level delegation of American executives will travel to China this week to meet senior Chinese officials in a trip organised by the U.S.-China Business Council (USCBC), two sources with knowledge of the visit told Reuters on Monday. The visit coincides with the latest round of U.S.‑China trade negotiations in Sweden, where China's Vice Premier He Lifeng is meeting U.S. officials from July 27 to July 30 for a new round of economic and trade talks. The delegation will be led by FedEx Chief Executive Rajesh Subramaniam, the council's board chair, one of the sources briefed on the trip said. The South China Morning Post first reported the visit on Sunday, saying that executives from firms including Boeing would be part of the delegation. Reuters could not confirm other CEO members of the delegation or which Chinese officials they would meet. Boeing declined to comment on the trip and deferred to USCBC. The U.S. government was not involved in the organisation of the visit, one of the sources said. The trip comes as Beijing and Washington work towards a summit between the two countries' leaders later this year, probably around the time of the APEC forum in South Korea October 26 - November 1, sources previously told Reuters. USCBC did not respond immediately to a request for comment. The business lobby previously organised similar visits to China by American CEO delegations in 2023 and 2024. The 2024 trip, also led by Subramaniam, included meetings with He and Foreign Minister Wang Yi, where executives discussed issues including market access. China faces an August 12 deadline to reach a durable deal with the White House or risk higher U.S. tariffs. U.S. officials are likely to extend the deadline by another 90 days as both sides work towards a more comprehensive deal, sources previously told Reuters. An extension of that length would prevent further escalation and help create conditions for the potential meeting between Trump and Chinese President Xi Jinping. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
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Trump pauses export controls to bolster China trade deal, FT says
(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Marcus Morris Taken Into Custody, Markieff Reacts To Arrest
Marcus Morris Taken Into Custody, Markieff Reacts To Arrest originally appeared on Fadeaway World. Former Los Angeles Clippers forward Marcus Morris was reportedly arrested in Florida and is being held without bond on a fraud charge. As reported by TMZ first, the statement read: "Marcus Morris Sr. has been arrested on a fraud charge in Florida ... TMZ has learned. The 13-year NBA veteran was taken into custody Sunday in Broward County, Florida, according to online booking records." The veteran forward was reportedly arrested on an out-of-state warrant for writing a bad check, implying that he bounced a check and is currently being held in custody for it. Morris has had run-ins with the authorities in the past as well. In 2012, the 35-year-old was charged with battery, leading him to enter a diversion program for rehabilitation purposes. In 2015, he was also charged with assault in an alleged brawl, but he was acquitted of these charges. The incident drew a direct response from his twin brother, Markieff. The former Lakers forward reacted to the news of his brother's arrest and tweeted: "The wording is crazy. Damn for that amount of money they'll embarrass you in the airport with your family. They got y'all really thinking bro did some fraud shit. They could have came to the crib for all that. When y'all hear the real story on this shit man. All I can say is Lesson learned. Bro will tell y'all tomorrow. This weird shit gave me a headache. Can't stop nothin!" The response from Markieff appears to present a positive outlook for the future as the matter seems to have been resolved. With implications that Marcus will be released soon to reveal the "real story," more information is expected to come to light. Update: The arrest was due to Morris' outstanding casino debt of over $1200, as per his agent. The Morris twins have been in the limelight as of late. Since Markieff's altercation with Nikola Jokic, the twins recently shared more on their beef with Jokic and his brothers. The back-and-forth has been an exciting sight for the fans. Marcus Morris Sr. was drafted by the Houston Rockets in 2011 with the 11th overall pick. After his rookie season, the forward was traded to the Phoenix Suns, where he was reunited with his brother. Morris has played on several teams throughout his career, including the Detroit Pistons, the Boston Celtics, and the Philadelphia 76ers. However, his brief stint with the Knicks and his time with the Clippers can be considered some of his most productive years in the league. With a career average of 12.0 points and 4.4 rebounds per game, Morris proved to be a solid role player on most teams he played for. Since playing with the 76ers and the Cavaliers in the 2023-24 season, Morris has remained a free story was originally reported by Fadeaway World on Jul 28, 2025, where it first appeared.
