Outlook and some of the things we have done with regards to the tax cuts and jobs act, different regulatory changes, to maintain the growth we have seen or expanded, what recommendations would you give . I think the outlook is still a positive one. There is no reason the expansion cannot continue. There is a lot of value in continuing it. We have to use our tools to accomplish that. We are seeing in the 11th year longest inion, the u. S. Recorded history, what we are seeing is that income gains are the highest at the lower end scale, so it is positive. We are also seeing people being pulled back into the labor market. There is a lot to like about this rare place of the 11th year of expansion. I think we are committed to doing what we can to expand it. Rep. Herrera beutler in that know your testimony touched on concerns with the national debt. Could you elaborate on that and how it should be addressed, particularly as it relates to expanding or at least not contracting the economy . Cha
External instabilities and the uncertainties economy is under mounting downward pressure. Many problems china faces are home grown industrial output and fixed asset investment. Chinas army of consumers provided some relief retail sales edged up nearly 8 percent. The us china trade war is casting a long shadow slowing china growth could even cause global recession. For more lets bring in our asia correspondent andrea hang in singapore that 6 percent gross in the 3rd quarter instead of the expected 6 point one percent how big a deal is that. Well monica its actually not a very big deal given the fact that the Chinese Government did give a very white target range of between 6. 0 and 6. 5 percent for the entire year now this is also leading to the since its officials in beijing who say that they have somehow maintain stability overall in the quarter. While how reliable is the official data that were getting well this is a very big point of contention for everyone and its inherently because
The list and flat screen televisions this will take pressure off retailers ahead of the Christmas Holiday season still other product that will get hit. Only a little pressure. Because in the breakdown that some conducted for the items hit with tariffs on september 1st versus december 15th there are still tens of billions of dollars of foot wear and apparel categories that will be included in september 1st you have Musical Instruments, sporting goods, and a lot of food items that will be hit on september 1st. Musical instruments, is that a big market in the United States chinese made Musical Instruments . I dont know im happy that today youre serious today. It is a big show it is a big show. It is a big show every day thats the part that bothers me sometimes it is not. You say it is. Other times he says i will be honest with you. Im like really . Thats nice. In this one vignette you will be honest youre not always maybe honest but you say its a big show every day. You have backish today
Would you agree with it or not . Vladimir putting believes that russia has a historic claim to parts of western ukraine. So our opinion would be to view it in that light as a sincere expression of what he thinks and with that. Here it is. Miss president. Thank you. On february 22nd 2022, you addressed your country and a nationwide address when the conflict in ukraine started. And you said that you were acting because you had come to the conclusion that the United States through nato might initiate a quote, surprise attack on our country into american years. That sounds paranoid. Tell us why you believe the United States might break russia out into blue. How did you conclude that to do and youve talked to me because if its not, thats america im to United States was going to launch of surprises, franklin, russia. I didnt say that even though, are we having a talk show or a serious conversation . Heres the quote. Thank you. Its a formidable degree. Thats kind of what it should just let hi
Next and look at you as tiny relations and differences and opportunities for partnership between the nations. Former u. S. Trade purpose and the Michael Froman was joined by an official with the Chinese Communist party for the discussion, hosted by the council on Foreign Relations. Good morning, everybody. My nameik is mike from, presidet of the council on Foreign Relations and its a great honor for me to welcome you to our event this morning, the conversation with minister liu jianchao who is the minister of the International Department of the Central Committee off the communist party of china. In addition to the people in the room today, the members and room today have over 400 cfr member participating virtually and we p will have an opportunity to ask question both from people in the room and from people on video as well. Minister luc will give some short remarks, will have a conversation ourselves then well openn it up to questions. Its a great a pleasure to welce minister liu to t