Those who are warning what would happen if these 2 separated they mayhem it would create and that was just not accepted that here we are do you trying to fit cation i guess what that theory i guess that was employed this is one thing were going to cover in upcoming episodes of Summer Solutions were going to talk to chris fenton who was a china you know bull he was really bullish on that spent a lot of time being essentially an ambassador there now hes kind of pulling back and even the likes of steve benen see him almost as an hour and steve bannon if you know is very very against china and that was part of his role in the election of trumpet 2016 was an anti tying up position so here domestically in the United States where also seeing the inequality the wealth and income gap and thats coming to a head as well but one thing i think were going to see post this pandemic and of course we are in a Global Pandemic so our Summer Vacation by the way will not be anywhere but to the backyard bec
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
A lot of the power all of china has come from the fact that we have outsourced much of our manufacturing capacity from america from europe from japan to china so now theres going to be a process of the de globalization this is a subset of that the globalization is called the china fixation remember him wasnt too long ago when people were describing the u. S. China relationship to symbiotic relationship where we sent them their jobs they sent us cheap goods even though it was mutually counterproductive people described it as. Symbiotic and therefore have no endgame attached to it and those who are warning what would happen if these 2 separated but they made him it would create and that was just not accepted that here we are did china for cation i guess what that theory i guess that was imply this is one thing were going to cover in upcoming episodes of Summer Solutions were going to talk to chris fenton who was a china you know bull he was really bullish on that spent a lot of time bein
Covering theyre really coming to a head in 2020 diggle is ation dollar is ation japan afic ation of our Balance Sheets of Central Banks money printer go back and de china for cation now is a new thing so were going to cover those over then upcoming episodes of Summer Solutions did china for cation thats the 1st time ive heard that what does it mean its a process of separating the Global Economy from china exiting trade deals japan as we recently reported they theyre paying their own Corporate Companies from japan 536000000 to take their factories out of china and move them to vietnam move them to cambodia move them to other places in Southeast Asia so were going to see a lot of the power all of china has come from the fact that we have outsourced much of our manufacturing capacity from america from europe from japan to china so now theres going to be a process of the de globalization this is. Subset of that the globalization is called the china fixation remember him wasnt too long ago