Coronavirus impact: Trump pulls out United States pension fund from Chinese investments

Coronavirus impact: Trump pulls out United States pension fund from Chinese investments

Coronavirus impact: Trump pulls out United States pension fund from Chinese investments

"You'd save $500 billion if you cut off the whole relationship". The novel coronavirus originated in the central Chinese city of Wuhan before spreading worldwide, and to date has infected more than 4.4 million people and killed 302,000, according to Johns Hopkins University. The US alone has recorded close to 85,000 COVID-19 deaths. "They're going to do some production in India away from China", he was asked. "I will tell you that right now", he said.

The legislation was introduced by Senator Lindsey Graham and eight other senators on Tuesday.

At present, China and the USA should continue to strengthen cooperation to prevail over the COVID-19 epidemic as soon as possible, treat patients and resume economy and production, he noted.

"A Biden presidency will be less ideological and more practical", said Susan Shirk, the chair of the University of California San Diego's 21st Century China Center and author of "China: Fragile Superpower".

The flow of information between the two countries has perhaps suffered the most immediate impact, with dozens of journalists expelled from both countries in recent months.

But the war of words has simmered, with U.S. authorities adding fuel to the fire Wednesday by saying Chinese hackers were trying to obtain data on coronavirus treatments and vaccines, and warning the effort involved Chinese government-affiliated groups and others.

President Donald Trump has threatened to slap new taxes on American companies like Apple to dissuade them from moving their manufacturing bases from China to countries like India and Ireland instead of the United States amidst the COVID-19 pandemic.

White House trade adviser Peter Navarro also said on May 10 that "China hid the virus from the world behind the shield of the World Health Organization".

"It's very sad what's happened to the world and to our country, with all of the deaths", he said.

"A discerning person will understand at a glance that the objective is to create confusion, divert public attention, and shirk their responsibility", he said. Democratic presumptive nominee and former Vice President Joe Biden has been trying to bolster his anti-China credentials since the pandemic broke out, hoping to deflect attacks from the Trump campaign which paint him as soft on Beijing.

Dramatic footage of a woman being pulled away from her son by police officers while protesting during the coronavirus pandemic in Sydney.

"I am concerned that the sentiment we are seeing could have long-term consequences that will outlast the pandemic", she said. "But the global economic recession diminishes the effect of China's massive increases in its imports of United States goods", he said.

The FBI claims hackers have been caught attempting to "identify and illicitly obtain valuable intellectual property" and public health data related to coronavirus research. Cybersecurity firm FireEye previously stated there were "concerted focus" by Chinese state-supported actors to access US cancer-related research.

"I'm very disappointed in China", Trump added in the interview.

The state-backed Global Times responded with an editorial titled "Trump turns up election strategy nonsense with China "cut-off" threat".

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