The committee will come to order. Thank you all for coming today, i dont think all of you for being here. It is our honor to have the deputy secretary of state here to testify on u. S. Policy regarding peoples republic of china. I originally defaulting back in march, however, our need to focus on the Community Protests from doing that. It is important this committee continue its work on its most committing Foreign Policy challenges, obviously china is one of those. As a complete mistrust correctly recognized, china is a strategic in global competitor of the United States. It would be the greatest Foreign Policy challenge the United States faces in decades to come. Policies of the Chinese Communist party undermine u. S. Interests and values, as we share with partners around the world. Covid19 has brought this challenge the fork front of american life. We now know just how much the Chinese Communist partys decisions and actions directly affect u. S. Citizens, our allies and partners in t
And the 775 barely. Seven point 75 barely. China is trying to cool down more. This rally also in tech stocks in shenzhen. Marginal gains in the csi 300, but the chinext seems to be on fire. 8 10 of 1 higher for shenzhen small caps. Keep in mind, offshore investors also sowed sold a record amount of stocks recently. Seems tohe hang seng, be brushing aside the executive order from President Trump. We are seeing the rally up more than 200 points for your hang seng. We are watching things like export data out of indonesia, indian trade numbers. When it comes to the philippines, that is the only loser on the board today. We are expecting to hear from the president to announce the latest quarantine measures. They have not really been able to stop this virus there. The nikkei up 3 10 of 1 . Steady stream of earnings in tokyo. Taking a look at the dollar, that seems to be dropping. You are watching things like your dollaryen unchanged around 107. U. S. Yields at. 63 basis points. Oil after fou
Burning documents, not shredding them burning them, China Threatens to retaliate and feels and looks like a new cold war. We have a significant turn in the fight against a virus, President Trump says its going to get worse before it gets better. A clear sign that the economic effects will drag on past the election. However, the trump team signed a contract with pfizer with 100 million vaccine doses. America gets the vaccine first, they pay pfizer 1. 1 billion and the cost to you, 0. Two stocks, got to watch them all day long, microsoft and tesla, the Financial Results reported around 4 00 oclock eastern this afternoon, in advance of that those stocks are on the upside. By the way, as of right now tesla is the most valuable car company in the world worth more than gm, ford, and honda combined. And microsoft at 1. 5 trillion is the second most valuable company right behind apple. We have big news on real estate two, applications for mortgages to buy a home of 19 over last year. Refi appl
A mosque but this is not right from the turkish because they have the your churches to pray to. Also a u. S. Ban on the fictions during the pandemic expires despite the soaring infection rate. Were looking at just about the sins of thousands of families in households facing homelessness many for the 1st time in their lives in there has been a response in chimes of how we will try to. Back the people feasting i think shes. Very good morning to you thanks for joining us here on r. T. And. First this hour the feud between the worlds 2 largest economies china and the United States is ratcheting up in a cold war style standoff less than an hour after chinese officials left their consulate in houston following trumps orders to close the facility american author it is an official forcibly entering the building there was cordoned off a group of men were spotted trying to break into the facility using tools where they managed to enter officials were seen trying 3 separate entrances but without
Pray to dear god. In the pandemic expires despite a soaring. Were looking at just about the sins of thousands of families in households many for the 1st time in their lives and there has not been a response in terms of how we will address our courts open back up. This is anti international. The feud between the worlds 2 largest economies china the United States is ratcheting up in a cold war style standoff less than an hour after chinese officials had left their consulate in houston following Donald Trumps order to close up saluting u. S. Authorities and officials were seen forcibly entering the building. Often the group of man was probably trying to break into the facility using tools before the nannies to enter officials the scene trying 3 separate entrances without success and his consulate staff were departing the building on friday a crowd of anti beijing protesters gathered outside while cleaners were seen taking out the rubbish at the u. S. Consulate general in the chinese city