Escalate to the point of violen violence. One of the things that makes this particular crisis different, and there have been three others of this sort during, since xi has been in office. This one is different because it has done violent. Which is concerning because it suggests that those agreements and protocols are no longer working. It also tells you what the triggers could be, which is that they were supposed to be in the process of disengagement. They had met on june 6th to actually disengage and on june 15th, something went wrong during the process. Both sides accuse d the other o instigating the clash, but what essentially resulted in deaths as chairman schiff mentioned, for the first time in a number of years, and that suggests they both first need to get back to what they were doing. Theyre in dialogue with both the military and diplomatic levels to at least disengage. The problem might be in where the triggers might be if either theres a misunderstanding or not respecting the
Coronavirus pandemic continues. Spoken policy experts about chinas global influence and why continued engagement with china is in the best interest of the u. S. Without objection, the chair may declare a recess at any time. Before we proceed to our topic the National Security implications of the u. S. And china relationship in a post covid world, housekeeping matters. The session will be conducted on an unclassified basis p all participants should refrain from discussing any class of either other information protected from public disclosure. The committee is conducting this virtual hearing with House Resolution 965 and the regulations for the conduct of Remote Committee proceedings. It is being broadcast on the committees website. Like many of you, i would have preferred to hold this hearing in person but because of the threat posed by covid19, it remained serious and widespread. We are proceeding in the best manner we can, remotely in todays case, in order to ensure the safety of our
Because the threat posed by covid19 remain serious and widespread, we are proceeding in the best manner we can, remotely in todays case in order to ensure the safety of our witnesses, members, staff and the public. Todays conversation is essential to the oversight of how we should adapt and meet the challenge of increasingly assertive china especially in the backdrop of a Global Pandemic. I had hoped this would be a bipartisan discussion. Unfortunately, without reason or justification, republican colleagues have decided to absent themselves from the committee. I repeat my hope they will reconsider and join us for future unclassified public hearings and unclassified closed roundtables. We will continue to have them as they are being used to frame the oversight issues and requests and inform our members of the various threats facing the country. The American People expect congress will continue doing its job even in a pandemic and that means showing up at a minimum whether we want to or
Industrial data out of germany. Desha back to that euro. Within back to that euro. We have seen Christine Lagarde speak for the first time. She has been talking about the impact that the coronavirus has had. She said that the policymakers that the ecb have done what is justified but she continues to push for this idea that we do need this fiscal pop package to come through. The european commissions proposal for a revised financial train work and the next he generation eu are decided in this regard. It it is association it is associated with the proposal and could have an impact on the International Role of the euro. It will important to adopt that package quickly. Christine lagarde speaking a little earlier today. She will speak at the bottom of this hour as well. Speaking to us from washington is adam pozen. Banks,alk about central particularly the ecb given the fact that Christine Lagarde has just been speaking. Herhe doing enough and are calls for greater fiscal policy out of europe
Meanwhile, larry kudlow still sees a vshaped recovery, calling for 20 growth in the second half of this year. We have anarchy continuing in seattle. And the mayor there still calling it a block party and a summer of love. Meanwhile, the governor of tennessee says the same thing will not happen in nashville. Senator Marsha Blackburn from that state coming up on that. And new yorks andrew cuomo threatening to shut down manhattan again if social distancing guidelines are not followed and the city hasnt ever really reopened since it all began. Meanwhile, the Trump Campaign moves its tulsa rally to saturday, but there are still concerns about social distancing there as well. The Trump Campaign joining us in the 11 00 a. M. Hour. Big show ahead. Im david asman. Good to have you here on monday. Varney company starts right now. The Health Care Response at this point is as important as fiscal or Monetary Policy, and in particular, its critical based on my conversations with epidemiologists that