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
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 some restrictions to keep the economy moving. And resistance to lebanons Financial Rescue plan as the government turns to the International Monetary fund for help. Hello thanks for joining us an experimental antiviral drug has been authorized by the u. S. Food and Drug Administration for emergency use in treating coronavirus patients 1500000 vials of the drug death of a year will be distributed to hospitals from monday the f. D. A. Gave its approval after a government sponsored study showed the drug shortened patients Recovery Time by about 31 percent. When the president brought the pharmaceutical companies here to the white house you were among them he said we wanted you to move quickly on developing a vaccine but he said develop therapeutics as quickly as you can we were told d that it was possible that by the spring we would have therapeutics and standing here on may the 1st the very 1st therapeutic with the emergency use authorization the good work of f. D. A. Is now available an
Turn to charities to put food on the table their leader apologizes for the Economic Disaster brought about by the pandemic. Also this half hour filling up fast with more on the way a report on the crude storage crisis from a place known as the worlds oil crossroads. An experimental antiviral drug has been approved for emergency use in treating coronavirus patients in the u. S. 1500000 vials of the drug disappear will be distributed to hospitals from monday the regulator gave its approval after a government sponsored study showed the medications shortened patients Recovery Time by about 30 percent and slightly improved mortality rates the ball so good science is that the company that makes them disappear says they are increasing production. And were also fully committed to continue to expand the supply of this medicine and we started investing in this back in january as soon as we came in where the chrono virus this is a long time to manufacture it used to be 12 months its now 6 months