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Associated Press

US invitation of Taiwan to democracy summit angers China

The Biden administration has invited Taiwan to its Summit for Democracy next month, the State Department announced, prompting sharp criticism from China, which considers the self-ruled island as its territory. The summit makes good on a pledge President Joe Biden made during his campaign, and it reflects his emphasis on returning the U.S. to a global leadership position among world democracies. The invitation list features 110 countries, including Taiwan, but does not include China or Russia.

Move aside, Alibaba. Morningstar says it prefers another Chinese e-commerce stock

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