Opinion | The US and China relationship just reached its most dangerous point in history, and it couldn't come at a worse time lopezlinette
On Friday the Trump administration responded to that by lthe US's relationship with Hong Kong and announced plans to investigate Chinese companies on US stock exchanges and sanction individuals involved in enforcing the new Hong Kong security measures.
China needs US money to get out of its coronavirus depression. The US needs Chinese-made medical supplies to specifically fight the coronavirus as well as China's products for its consumers and business in general. Analysts at Societe Generale estimate that the country's unemployment number sits between 70 million and 80 million people at the end of March. According to official figures, China's GDP contracted by 6.8% in the first quarter, a historic drop.
"This is the workshop of the world and if the world is just down, that has a devastating impact on China," Chu said in an interview with Business Insider. "They can't get back to normal themselves without the US and the world."
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U.S. Severs Ties With WHO Over COVID-19 ResponseTrump said the US would be severing ties with WHO because China has “total control” over the global organization
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Trump Blames China For Acting Too Late In Coordinating U.S. Coronavirus ResponseWASHINGTON—Lambasting the rival superpower for what he called “reckless” and “irresponsible” behavior, President Donald Trump publicly blamed China Monday for acting too late in coordinating the U.S. Covid-19 response. “China knew our nation was facing a deadly threat as early as January, and yet they did nothing to develop a plan we could use to slow the spread of the virus,” said Trump, noting thousands of American lives could have been saved if Chinese president Xi Jinping had only taken the threat seriously from the start and implemented a strategy to reduce the negative impact on the U.S. economy. “The Chinese government just kept waiting and waiting, sitting on their hands as the outbreak spread through the U.S. rather than leading our nation in the way it so desperately needed. States shouldn’t be left out to dry, putting together piecemeal pandemic responses. What else is a strong Communist Party for? And now they’re trying to cover it up, claiming the U.S. isn’t their responsibility.” At press time, Trump added the administration had obtained new intelligence suggesting the Chinese government had engineered coronavirus in a lab in Washington.
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Community spread of coronavirus in US began in January: CDC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
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Trump announces end of US relationship with World Health OrganizationPresident Donald Trump announced on Friday that the United States will terminate its relationship with the World Health Organization, a move he has threatened throughout the coronavirus pandemic.
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Coronavirus updates: Trump says US ending relationship with WHOBREAKING: 'We will be today terminating our relationship with the World Health Organization' and redirecting funds, Pres. Trump says. The announcement followed comments in the Rose Garden highly critical of China.
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