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Increased tensions between beijing and washington whats the impact on the global arena upon the covert 19 crisis well talk with asia expert gordon chang on this edition of. The clock ticking on larry king the covert 19 crisis and us china relations how are increased tensions between beijing and washington impacting the global arena the worlds response to the pandemic and Donald Trumps reelection bid. Well start there with asian expert gordon chang author of the coming collapse of china and the great u. S. China tech war he joins us from new jersey gordon the World Health Organization held saniel meeting this week and Member States adopted a resolution to launch a probe into the Global Response to the cole the 1000 pandemic i guess china doesnt like this on ....
Numbers, 8 30 this morning. We knew it was going to be bad because bricks and Mortar Stores have been largely shut down, and it was bad. April sales down 16. 4 in april after dropping 8 in march. So heres the market, with just minutes to go to the opening bell. Red ink all over the place but not as bad as it was. The dow off about 180, 25 down for the s p, 121 down for the nasdaq. Thats of course inspired by apple, which is way, way down this morning. What were looking for is how fast we can rebound on the other side of this really bad Economic News. Thats the other side of the coin. The great reopening. Which gathers steam this weekend. There are only a handful of states that are still trying to enforce a complete lockdown. This will be a test of our willingness to get out and about, our willingness to travel, eat out and shop. This is important. We need to open the economy. W ....
Sense of placing the failed by the gallon g. s of the right and left the judges from new york sank to joining a story you recently wrote you said that cutting red tape in health care has unleashed waves of energy and ingenuity to deal with this in 19 yeah you saying were doing well with this well we did really poorly at the beginning i mean there are a lot of theres going to be report after all over talking about how badly the bureaucratic framework were leaders not taking is just a sleep but in the last 2 or 3 weeks youve got a great job and the key to that was throwing away the rule books through it all through books i mean not none of what theyre doing in tipperary hospitals doctors and nurses or other states that we tell of medicine for everyone else none of thats legal under the old law the rules prohibit all of it. As the president. Then up to the job in your opinion. Not to be giving certainly not i mean again in the last 3 weeks i think theres been a lot of effort good effort b ....
I mean again in the last 3 weeks i think theres been a lot of effort good effort by everybody including the president you say that at the end of all this said needs to be a temporary Recovery Authority what would that authority do well it would it would waive rules that get in the way people getting back to work and would u. S. Ranks 55th in the world in the ease of starting a business just ahead of niger in just behind afghanistan i mean did it take you have to go to 10 different agencies to get a permit to start something thats ridiculous you also said so this this Temple Grandin at were an act that. If the temporary Recovery Authority would. Would have the authority to wit if rules it would require allow require and allow states to for example create a one stop shop for new businesses it would streamline infra ....