Lets get over to china correspondent in beijing for more. What are the latest developments . The economic front, we did hear from the finance minister over the weekend. There will be additional measures from china to cut taxes and fees to support the economy. We saw additional meters over bond issues at the local government level. Additional letters from policymakers to support the economy. Meet its social and economic target. The question is how much budgetary pressure china will be under and how aggressive these stimulus measures are going to be. Pboc has lowered Interest Rates ensure Financial Markets in terms of cases, 68,500 are the latest numbers in terms of infection. 1600 deaths. The rate of infections continues to slow. We had a doctor out of one of the hospital say that now according to state media, this is starting potentially to peak the rate of infection. The new officials on hubei profits, wuhan is the capital, population they are told not to leave their homes. Leadership
During a speech at the Brookings Institution in washington, d. C. After he spoke, china policy experts talked about chinas Regional Power. And president xi jing pings leadership. Good morning. My name is bruce jones. Im the Vice President and the director for Foreign Policy here at brookings. It is my pleasure to welcome you here. I see lots of old friends in the audience and several new ones. Its a pleasure to invite you to our event. Im delighted to welcome randy back to brookings. Weve been fortunate to engage him on several aspects of our policy research. And while hes been serving in the Administration Since 2017, and randy, thank you for your service to our country and the Important Role you play in this administration. Randal schreiber was appointed on jan 8th, 2018, prove lees having served for east asian and Pacific Affairs under which portfolio he covered china, taiwan, hong kong and aus tailia, all the easy stuff. Earlier he held the role of also served as an active duty Nav
You to our event with the assistant secretary of defense for into security affairs. We have been fortunate to engage him on several aspects of our policy research over the past decade and while he is serving in the Administration Since 2017 and randy thank you for your service to our country an Important Role you play in the administration. Randall shriver was appointed as assistant secretary of defense i President Donald Trump on january 82018 previously having served as Deputy Assistant secretary for Pacific Affairs under which portfolio he covered china taiwan hong kong and australia all the easy stuff. Earlier he held the role of chief of staff to the deputy secretary of state from 2,122,003 and served as an activeduty nato Intelligence Officer deployed in operation Desert Shield and desert storm. Beyond his government career randy has been a leading thinker on wings of issues in u. S. China relationships over two decades and a robust voice on the future of that relationship asking
Regional power and president xi jinpings leadership. Good morning. My name is bruce jones. Im the Vice President and the director for Foreign Policy here at brookington. Its my pleasure to welcome you this morning. I see lots of old friends in the audience and several new ones and its a pleasure to invite you to our event with the assistant secretary of defense for endopacific affairs, randall shriver. Weve been fortunate to engage him on several aspects of policy research over the past decade, and while hes been serving in the Administration Since 2017, and randy, thank you for your service to our country and the Important Role you play in this administration. Randall shriver was appointed as assistant secretary of defense by President Donald Trump on january 8th, 2018. Previously having served as Deputy Assistant secretary for east asian and pacific affairs, under which portfolio he covered china, tie won, hong kong and australia, all the easy stuff. Earlier he held the role of chief
Peoples republic and communist party rule. We are live from beijing and hong kong. Shery lets get you quick started on how the markets are trading. U. S. Futures gaining one quarter of a percent, this coming off the back of gains we saw on this u. S. Session with the s p 500 gaining. 5 . The s p 500 gaining ground for the Third Quarter in a row, managing to rebound in the month of september after the losses we saw in august. When it comes to todays session, we saw every sector in the green except for financials and energy. We have 10 year yields paring back some of the earlier gains to train around 1. 67 . Wti fell below 55 a barrel. Tech fueling the gains in this session as the Trump Administration partially refuted some of those reports that it may potentially target chinese capital. The nasdaq gained. 8 . We are looking ahead of the asian open with a couple of markets on holiday. Paul that is right. We do have new zealand trading, currently looking kind of flat right now in new zeal