Little point in continuing to talk. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im karina mitchell. This is bloomberg. Rishaad carrie lam with a lengthy policy address on wednesday. She laid out her vision for greater integration with the mainland. Benefiting from its proximity to the mainland and longstanding support, hong kongs Economic Development will be given new impetus. The key is to somehow open up the border with china, because we are part of china, and the homecoming hong kong economy was not just set for domestic consumption. It was really set for 1. 4 billion people across the border. In any case, most of the key Investment Decisions will be driven by how china is operating and the Big Companies in hong kong are all chinese oriented. So i dont really think a policy address will be of that much difference to investors as it might be elsewhere. Stephen engle has been covering
Milestone in the struggle to recover from a pandemic economy expanded by 3. 2 percent year on year than experts predicted it raises hopes of a rapid recovery elsewhere in the world while factories are ramping up again one sector is still struggling retail sales in china have continued to shrink. Correspondent in taipei so if Government Spending drove the recovery youre right actually the rising. Was helped by very strong and thus trio production and its very much a story of government led to assume a lez recovery so if we look at this Recovery Plan we know a chinese date has increased the amount of money bed local governments can borrow on their Infrastructure Projects so a rise and construction help chinese economy but if we look at other sectors for example in investment and consumption they asked you a week. When European Central Bank Officials meet in frankfurt today president cristina got to face questions on whether she has done enough to return europes economy to health one area
American history tv, the National History center hosts a conversation on u. S. Gun rights and regulations. Watch American History tv tonight and over the weekend on cspan3. U. S. Schools are looking at how to safely reopen during the coronavirus pandemic. Educators spoke to members of the Senate Health committee about plans to decrease class size, continue Home Learning and schoolwide coronavirus tests to make sure students and staff are safe when they return to the classroom. Widespread testing not only helps contain the virus, it builds confidence that the schools are safe. U. S. Assistant secretary for health told our committee that there will be 40 to 50 million diagnostic tests available per month by september. Thats four to five times the number of todays tests and todays number in the United States is twice as many as any other country. And dr. Francis collins who led the human genome project and leads the National Institutes of health, leads a shark tank enterprise at the nih t
Schoolwide coronavirus tests to make sure students and staff are safe when they return to the classroom. Widespread testing not only helps contain the virus, it builds confidence that the schools are safe. U. S. Assistant secretary for health told our committee that there will be 40 to 50 million diagnostic tests available per month by september. Thats four to five times the number of todays tests and todays number in the United States is twice as many as any other country. And dr. Francis collins who led the human genome project and leads the National Institutes of health, leads a shark tank enterprise at the nih to discover new ways to create tens of millions of quick and accurate and inexpensive diagnostic tests. School covid plans should let the plans last for at least a year. The government is pursuing vaccines at what it calls warp speed, faster than weve ever done that before, but no one expects a vaccine this august. And the second half of the school year, schools should be bet
The number in the United States is twice as many as any other country. And doctor Francis Collins who once led the human genome project and now leaves the National Institutes of health needs a competitive shark tank enterprise at the nih to discover new ways to create tens of millions of quick and extensive diagnostictests. Covid19 plans should last for at least a year. The government is pursuing vaccines at what it calls s work speed a, faster than weve ever done that before but no one expects a vaccine this august. The second half of the school year schools should be able to provide more tests, more treatments, better Contact Tracing and hopefully we should begin to have vaccines. It will likely be the fall of 2021 though before we begin toapproach normal. There are several reasons schools have an advantage in weproviding a safe environment for students and for faculty. One younger people have been less hurt by covid19 and older people. Although doctor county told our committee we sh