Senate committee on finance, subcommittee on International Trade customs and Global Competitiveness will come to order. I know this seems a little strange, with an empty room, except for three witnesses live in front of me and many of our colleagues are going to be joining us virtually. But i want to welcome all of you nonetheless, to this important hearing. This subcommittee continues to do its work in exploring the unfair trade practices, a foreign governments especially china and russia. The topic of censorship in china is a common one, because its growing effect on business in the United States. Is as well as culture. Last fall for example, the National Basketball association has its Market Access locked in china. Because an individual american citizen, using a media platform not even allowed in china, expressed a political opinion. Now the topic has become much more important, the lack of timely Accurate Information about the spread of covid19, due to chinese censorship has contri
Only 1. 4 percent will be from germany. Among germany is currently facing a lack of science teachers or schools a young generation of innovators is growing up in china they have top Level Education fresh ideas and theyre hungry for success. One example is the d. J. I company from shenzhen it was founded in 2006 by a young engineer today its the Worlds Largest manufacturer of civilian terms a. Chief Development Officer martin from the morgue shows us the latest model. The new drone uses intelligent Image Recognition and can independently pursue its target. Equipped with dozens of sensors and smart positioning. It can detect obstacles such as trains or bushes. The tree saves my life. But not as a saw the tree was the limit because the drone says no on it or not and if in this case the drone said i cant fly through it safely so i better stop a dozen as i understand it is very common here in china to combine things facial recognition navigating flying. When if i could yes and in this case
The s p down 2. 5 and the dow 2. 7 the s p dropping 4. 4 last week and lets take a look at some of the specific names in all of this falling 7. 4 netflix 6. 6 and then the one everybody is talking about tesla. That stock plunging 10. 9 . Whenever we can talk about algorithms, do you know what im saying i like it as the secret sauce, wow, i wish, you know, i wish i took a little bit more calculus or math or whatever. Do you know lets talk about it because theres so much. Youre all fired up youre tweeting about it and i dont follow you belief it or not because i like to enjoy my weekend, but someone retweeted your stuff to me and im like oh, geez anyway, youre mad because trump said he wouldnt do a partnership ever when it was microsoft and now he likes oracle i figure its because well talk all about it all right make it i know. Do you know what im going to do im going to read this and say andrew take it away. Making headlines, sources telling cnbc that oracle is set to be announced as t
Any agreement with look at shankar she says you shouldnt sign any agreements with an illegitimate president because these agreements will be refused by the next government which is according to her the thrust of government she also said she is sorry that britain is having a dialogue with an r. Surfer as she says and not with the belorussian people so theres a lot of anxiety of course here in belarus about this meeting how far is look at shankar going to go in signing any agreements that would affect the sofa rana to your fellows because for many here this has been in and terminal problems and internal fights the only objective they have had until now is to get rid of the. Illegitimate president as they say so theyre watching it very careful that financially. Well meanwhile in geneva the United Nations high commissioner for human rights is calling for an investigation into the Police Crackdown against protesters in minsk reception social peace a minute rule requires far reaching dialogu
For you and not a lot of time. This hour is going to fly by. Toms book is really a fantastic read and but i do think folks especially in the United States are going to find the book controversial, thats a great thing about about because if a book doesnt generate conversation, then it may not be worth reading. This is a Glass Half Full story of chinas economy and the management of the Financial System. Box offered at a time when u. S. China relations are declining and attacks from all different corners in the United States of chinas system are going. There is this argument that chinas economy, how it manages that economy is incompatible with the International System and as a result of the u. S. And others need to reduce their exposure to chinas unique risk. The book tries to answer the question, how did china managed to do it, how they managed to continue to grow without a major financial crisis. And can they keep it up . Im going to turn the floor over to tom in just a minute, he will