china telecom up 7.6%. china unicom jumping 12.9%.s trading ban is supposed to start january 11th after the u.s. government order prohibited americans from investing in this list of companies that the government said supply and support china's military intelligence and security services. but for now, they are still trading. this news is pushing other chinese stocks, alibaba, jd.com, tencen tencent. look at these jumps on all these names. nice move. let's get to our traders. david trainer and scott bauer on whether it's safe to buy chinese stocks right now. david, what do you think? >> i don't think so. this is going to be a toss-up for a long time. these are high political stakes and you know, look, every other day i think there's an editorial in the "wall street journal" talking about the existential threat of china, who really believed they should be a global power and rule the world and that it's historical abnormality that they are not ruling the world. this comes from folks on both the right and left side. it's a well-known fact

we are talking about china unicom, china telecom and china mobile. those shares surging.nicom up by 8%. china mobile up 5.5%. according to the statement, the nyse said it no longer plans to move forward with the de-listing action in relation to those stocks. issue is will continue to be traded on the new york stock exchange. the new york stock exchange regulation will continue to evaluate the applicability of executive order 39, two these insurers. so, breaking news. no longer intending to move forward with the de-listing of those three telco giants in china. those stocks surging. rish. well, absolutely. certainly, checking on oil companies because they were the next one in line to be delisted. to politics. george of the crucial senate runoff election in recent u.s. history. a drive-in rally just hours ago. >> we need you to vote again in record numbers to make your voic es heard again and again. to change georgia. to change america again. this is not an exaggeration. georgia, the whole nation is looking to you to lead us forward. you know it. rishaad: let's get to the se

china mobile, china telecom, china unicom hong kong are all down between three and 496 in are all down 4% in hong kong where they are also listed. the chinese commerce industry had already chipped in earlier, saying that they would take necessary measures to safeguard the interests of chinese firms. the companies themselves in a statement said they regretted the move but have not actually gotten any official notification from the new york stock exchange. 0ther shares though interestingly taking a summer today are companies from china's petrochemical sector because some analysts suggest those companies may be next on his every spending less. this list was originally published in november as part of the trump mensuration's efforts to buy us investment in 31 firms —— trump administration, owned and controlled by the chinese military. that list was expanded in december and now more chinese firms are added doing what is essentially two essentially president trump's last days in office. they are designed to make it difficult for president—elect biden to wind back when he is born into office.

china mobile, china telecom and others. china mobile, china telecom and china unicorns are thought to be delisted in the coming days. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i'm karina mitchell. this is bloomberg. host 2: still ahead, bitcoin surging into the new year reaching 34 thousand dollars in weekend trade. ofassess the sustainability the rally coming up next. and opec plus warning -- the recovery. risks as the downside the cartel prepares wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. tha

mobile china telecom and china unicom have individually requested the n.y.s.e. to begin their a view with 3 nearly identical letters that within hours of biden's inauguration so joining me now to discuss both and investigative journalist ben swan so ben where do these companies currently stand. yes so right now there is essentially asking the new york stock exchange as you mentioned to reconsider this deal list and it goes back to an executive order that was signed by president trump back in november i believe it was november 11th of last year and the goal of that executive order was essentially this it was saying that any chinese company that assists in any way the chinese military could not be on a stock exchange in the united states because u.s. investors were banned from being able to invest in those companies that was the idea so the n.y.s.e. essentially had to delist these companies and that took place apparently late last year and then as recently as january 11th of this year they stopped actually

the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks with quote relevant regulators but today's announcement is not undoing the mounting tensions. number 2 to the suppression of chinese firms has a limited impact on the chinese companies but it will harm the us his own national interests and the image of that country as well as the global position of the us capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but this saga could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. now let's get more on this from our reporter in taipei song so so so what's the reaction been from the u.s. government to this move

long the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks with quote relevant regulators but today's announcement is not undoing the mounting tensions. this expression of chinese firms has a limited impact on the chinese companies but it will harm the u.s. his own national interests and the image of that country as well as the global position of the u.s. capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but this could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. nearly half of all power generated in germany comes from renewable resources solar wind hydro power and biomass account for around 40 perc

the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks with quote relevant regulators but today's announcement is not undoing the mounting tensions. this expression of chinese firms has a limited impact on these chinese companies but it will harm the u.s. his own national interests and the image of that country as well as the global position of the u.s. capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but this saga could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. nearly half of all power generated in germany comes from renewable resources solar wind hydro power and biomass account for around 40 per

we heard from that china mobile, china telecom and china unicom, telecom companies in the process ofeing delisted from nyse, saying you have not received official notification from the new york stock exchange and that they regret the decision. haslinda: tom, any signs we could see a thought in u.s.-china relations with the incoming biden administration? yes, and this story around the delisting of chinese companies as a reminder that the carpets remain in the spotlight -- the corporate remain in the spotlight. we have heard from the foreign minister here in china, while -- wang, yee, that in his believe there is a new window of hope that you can start a constructive dialogue between beijing and washington. he says china is ready to start talks and he talked about that there were unprecedented difficulties between the two sides. he says that is all down to the u.s. according him, completely wrong policies, on china. that is the stance from the chinese foreign minister. officialse heard from in the biden team saying we are not going to remove tariffs and will continue to take a tough li

the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks of quote relevant regulators but today's announcement is not undoing the mounting tensions. this expression of chinese firms has a limited impact on the chinese companies but it will harm the u.s. his own national interests and the image of that country as well as the global position of the u.s. capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but this saga could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. right a decision that caught many by surprise our financial analyst in new york now joins us good to see you what's behind this incision a su

the fcc found china telecom has failed to rebut serious concerns of the executive about the continued presence of that company in the united states more than sufficient cost exists to move forward. we also recently received additional information from the on security remaining three companies . the sec china telecom decisions followed recommendations made by expert agency and the executive branchwhich included the company's operations in the united states posed national security risks . this is consistent with our overall whole government effort on national security issues and telecommunications sector . last april issued an executive order reforming the process by which the executive branch assists the fcc i national security and law enforcement concerns that may be raised by foreign participation in the us telecom sector , what has traditionally been known as the team telecom process last fall the fcc adopted a new set of rules consistent with them exactly where. organizing our postwar relationship across our agencies on foreign ownership matters offering much-needed clarity to the

companies on monday we reported the exchange would delist china mobile china telecom and china unicom hong kong between the 7th and 11th of january to adhere to an executive order by president donald trump which would prohibit americans from investing in companies that the u.s. government says supply and support china's military so in a statement released monday evening the new york stock exchange said after consulting with regulatory authorities quote it no longer intends to move forward with the delisting action after shares of the 3 companies listed in hong kong took a hit monday all of them saw significant gains tuesday following this announcement . so with this in mind let's go ahead and take a look at the state of markets with angela sloan c.e.o. and founder of the sloan financial group and will always a pleasure to have you on here after the dow's new year thank you. do you as well now after the dow saw its worst start of the year since 2016 on monday markets started mostly flat on tuesday and had a slight rally in the final hours of trading recovering some of the previous day'

the new york stock exchange is sharesng plans to delist of china's biggest telecom companies. comes four days after the nyse said it would remove shares of china mobile, china telecom, and china unicorn. jeffries called this u-turn bazaar. -- bizarre. saudi arabia is reopening its borders with qatar. leaders in the region are planning to meet. iran has seized a south korean tanker hours before announcing it will ramp up its nuclear enrichment. most opec members including saudi arabia are opposing russia's proposal to hike supply. discussions continue today to give the group more time to resolve its differences. it casts doubt on an increase of 500,000 barrels a day the market had been expecting for february. global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. anna: england's and mainland scotland are once again under a lockdown as the u.k. struggles to control the virus. more than 50,000 cases of the virus have been counted. boris johnson said the weeks ahead will be the hardest yet.

china mobile, china telecom, and china unicom are expected to be delisted soon.received notification from the new york stock exchange while the other to regret the decision. in other news, the u.s. congress has met with first time with nancy pelosi winning another term as house speaker. calls for a new generation of leadership. there was no other candidate and she achieve the required 50% of the vote to secure the gavel. it could be a momentous week with members preparing to debate and ratify joe biden's election win. to the u.k., financial firms have won a life line from italy where they can continue to do business even as non-eu companies. rome says it applies to any firms that applied before the end of last year. the u.k. and single market clinched a deal but critics say it accounts for 80% of the u.k. economy. byia's trade deficit jumped 26% as imports surged. inbound shipment rose 7% and exports flatlined. gold imports ballooned more than 80% from december of 2019 while petroleum products on the biggest decline for any commodity measure and pharmaceuticals s

unicom china mobile and china telecom on january the 7th journal i looked on as i says it is losing a 1000000 euros every 2 hours as a result of the decline in global travel the stark statistic comes on the day that dutch airline k. alam announced it would be shedding up to $1000.00 jobs over the related distractions have left several airlines on the brink of collapse tesla has got the green light to build an electric battery factory just outside of berlin and will be set up here is soon to be completed electric car plant where production is due to begin in july tesla c.e.o. elon musk says the german battery plant will be the biggest of its kind in the world. a lockdown measures have been a disaster to many economic sectors including the fashion industry by the end of winter half a 1000000000 pieces of apparel could have gone on sold that statement came from the berlin fashion week taking place digitally does year but these share these shirts and shorts won't end up in an old clothes container just yet. the coronavirus pa

chinese telecom equities from trading after all the flip flop by the n n n y s e which will remove china telecom china mobile and china unicom the exchange back to its original policy announced last week. that cohen is continuing its rally trading at over $37000.00 now and hitting a new record high on the day institutional investors have been scooping up the cryptocurrency as a hedge against the u.s. dollar which is while owing 3 year lows. german biotech firm cure is linking up with pharma giant buyer to get global support for its experimental covered 19 vaccine bio will help cure back gain approval for its job as well as provide access to its global supply chain and distribution network according to the german newspaper built. ability is an essential part of the movement towards a more sustainable world however there is still no widescale solution for recycling the raw materials in those vehicles particularly in the batteries they can save valuable matters that are live in limited supply particularly cobalt nickel and lithium but recovering is by no means straightforward. this fire department

last month, the fcc started a process for determining whether to revoke and terminate china telecom's authority to operate in the united states. telecom --nd china the continued presence of the company in the united states and sufficient cause exists to move forward. we received additional information and evidence from the executive branch on security threats posed by the remaining three companies. and telecoms inisions followed expertise the x -- executive branch which included operations in the united states posed serious national security risks. this is consistent with our overall whole of government effort on national security issues in the telecommunications sector. last april, the president issued an executive order reforming the process by which the executive branch assists the fcc and evaluating national security and law enforcement concerns that may be raised by foreign participation in the u.s. telecom sector, what has been known as the team telecom process. last fall, the fcc adopted a new set of rules consistent with that executive order, formalizing our working relationsh

, mobile and china telecom. interesting, jim, to see what reasoning they give. they said it was in light of further consultation with relevant regulatory authorities. >> yeah, i thought it was curious. but you're absolutely right, carl here we go this is, i think, the beginning of china, by the way, back to where it was before the pandemic, of some sort of thaw where there is a recognition that if you do something that is positive with china, the president will distract you with the georgia situation, you're not going to get a thumb in your eye from a tweet i think right now, let's say the president will more focus on china, and less on georgia, i think the nyse would be, let's say, blasted, blasted, by a series of tweets from the president. but he seems a little distracted i know it is probably in terms of pecking order might be a georgia, like the vaccine, david is focused on the vaccine. and then china, but this is a very big deal that has not going to be able to be reviewed by the president. so the way you w

after the state said it would remove shares from china mobile, china telecom and china unicom.ending covid-19 restrictions through mid-january which includes the ban on people moving around italy. it's also changing the rules as higher risk. struggling to speed up the vaccination. global news 24 hours a day, on air and at bloomberg quicktake, powered by more than 2700 journalists and analysts in more i'm 120 countries, leigh-ann gerrans, this is bloomberg. francine? francine: it is election day in georgia, but donald trump and joe biden have last-minute campaign rallies on the eve of needote but -- republicans to win just one of the two seats up for grabs to maintain their majority, and the democrats need when both seats. joining us is leslie vinjamuri, head of the u.s. america's program at chatham house. how tight will the race be in georgia? leslie: i think it will be very tight. both democratic candidates are up by a couple of points, but i think that is probably due in large part to the fact that a lot of democratic voters continue to vote early. the polls are tougher to be

china telecom corp china mobile and china unit hong kong will all be delisted from the new york stock exchange between the 7th and 11th of this month hong kong listed shares in all 3 companies saw significant declines early in trading monday before rebounding to close out the day u.s. listed shares in the companies however have declined more than 5 percent each. and for more on this and some other economic and market related news of the day let's go to bring in octavia moran's the c.e.o. of optimists l.l.c. octavia always a pleasure to have you on the show what do you make of this move regarding delisting these chinese telecom giants and how is this going to actually in fact affect investors trading these companies on the new york stock exchange. well i go slightly ironic to hear that sort of full throated defense of free market capitalism coming from the chinese who are basically complaining about being delisted in new york so i was slightly amusing to see years of the roles reversed i think in some of the real impact for investors who have bought the shares on the new york stock exc

the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks with quote relevant regulators but today's announcement is not undoing the mounting tensions. number 2 the suppression of chinese firms has a limited impact on these chinese companies but it will harm the u.s. his own national interests and the image of that country as well as the global position of the u.s. capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but the saga could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. now let's get more on this from our reporter in taipei song so so so what's the reaction been from the u.s. government to this mo

mobile, china telecom as well as china unicom, and trading in the securities will be suspended laterd those three companies. these moves will limit the amount of capital these companies will attract, though it is not a huge amount compared to what they are attracting in asia, so the move you can argue is rather symbolic but if for example ali barber or 10cent were to be targeted the impact would be much bigger. 0f targeted the impact would be much bigger. of course president trump has been seeking to cement his hard line on china in the final weeks of his presidency, so tiktok, huawei, smic have all been just to namea huawei, smic have all been just to name a few and last week he signed another executive order banning transactions with eight chinese apps including alipay as well as we chat pay, but new rules were introduced which would allow chinese companies to sue for compensation if their interests are damaged by application of foreign laws. they didn't mention the united states but it is very clear that they are talking about these tensions between the two countries. president—el

and the new york stock exchange scraps plans to delist china's top telecoms in a big u-turn -- top telcos in a big u-turn with little explanation. china mobile among those sharply higher. good morning, everyone, and welcome to "bloomberg surveillance." i'm francine lacqua in london. tom keene in new york. tom, georgia, georgia, georgia. that will set the case for what the biden presidency will look like. we also look at lockdowns in england that will last for at least two months, and we look at the implications for the vaccine rollout. tom: georgia front and center on so many different planes. we will have a lot of coverage on that. i thought that gregor stewart was wonderful, with his coverage from hong kong. from where we are across the atlantic and the way america is dealing with this, these announcements from scotland and from london, from prime minister johnson, they are absolutely stunning, aren't they? i had a: they are, and briefing from sam fazeli and i have heard this more and more. you cannot vaccinate while the pandemic is raging because there is more chance of the virus mutat

stock exchange says it no longer intends to move forward with the delisting of china mobile ltd, china telecomong kong ltd. sharanjit leyl is following the story from our asia business hub. if you were watching us yesterday, we were telling you the opposite. quite a u—turn. we were talking about this just yesterday, sally, the chinese reaction to the delisting of these telecom companies but now as you say it is a complete u—turn and the new york stock exchange says it no longer plans to delist three of the biggest telecommunication companies in china. and in a statement, the exchange said it made the decision, quote, due to lack of further consultation with regulatory authorities. shares issued by the companies will continue to be traded and listed on the stock exchange. last week the exchange that it was going to delist those firms. it was a response to the orderfrom president firms. it was a response to the order from president trump to bar investment in 31 companies that are controlled or owned by the chinese military. aside from the statement ijust read you, there is no clear explanation a

stock exchange reversing a decision to delist chinese telecommunications companies china mobile china telecom and china unicom just days after it was announced the new century as the 3 companies surging on the hong kong stock exchange on choose day but analysts say any celebrations unlikely to be short lived and the longer term i thing the tendency or the situation will not change at all because most of the old chinese companies are now this thing in the us there was sick for seek for a 2nd or a listing opportunity maybe in hong kong or maybe in shanghai starboard because those chinese company will face more and more pressure from the record later the decision to delist followed the side of an executive order by u.s. president trump in november banning americans from investing in companies linked to china's military the new york stock exchange says it made that decision after consulting u.s. regulators beijing has accused the trumpet ministration of politicizing trade in arbitrarily suppressing chinese companies with a certain to surely some political forces in the united states have continuo

the exchange had planned to remove shares of china telecom, china mobile and china unicom from january board says the new decision comes in light of further consultation with regulators. it doesn't give any further details. trump issued the order in november. it prohibited american investment in chinese firms with alleged ties to the military. beijing opposed the delisting and warned of countermeasures. it said the move went against market rules. >>> shareholders of fiat chrysler and the parent company psa have given the go-aheado a merger. the move will create the world's fourth largest call maker to be called stellantis. the europe-based auto makers launched the talks two years ago. the eu granted anti-trust approval for the deal last month. >> we believe that the coming decade will redefine mobility as we have known it. we and our merger partners are intent on playing a leading role in building this new future. and it is this addition that has brought us together. >> brands within the combined company will include peugot, fiat and jeep. stlantis will trail volkswagen and the nissan

the exchange not to delist china telecom, china mobile and china unicome came after consultati cn anding the crypto currency could go as high as --. interesting the jpm is putting out $146,000 target. i've heard people say the winklevoss twins have talked about half a million dollars a million dollars of bit coin. i don't know joe? >> i've seen some -- i've seen some really funny things there i've seen some funny things where people argue about it and say look there can only be 21 million. but why not just cut it into the bunch of fractions then there is no supply problem. you would have as much as you want and they say it with a straight face. and i've seen a lot of the hod lers list a lot of comments from people just to say, you know, math is hard it is hard work. it is hard to understand if you believe that, you know, the global financial system is really large and if you just do a small percentage that if it were to end up in some type of digital currency you are in the trillions and we're nowhere near there now but we're getting there. we're more in the half trillion at this poin

remove china telecom china mobile and china unicom exchange back to its original policy last week. because it is continuing its rally trading as over $37000.00 and hitting a new record high today institutional investors have been scooping no secret currency as a hedge against the u.s. dollar which is wall owing 3 year alone. now german biotech firm cure of ak is in the event stages of producing a vaccine against college 19 and it's linking up with fellow german pharma company bya to help develop and distribute the corporate giants will also assist in getting the m r n a based vaccine approved cure back expects its 1st results from its phase 3 clinical trials by the end of march it hopes to supply hundreds of millions of jobs once it's ready. to vaccinating against covered $1000.00 is one thing but another virus is lurking bird flu is not harmful to humans but it can wreak devastation on farmers more and more countries in europe have been reporting local outbreaks in recent months of 200000 chickens and other poultry have already been cold but the epidemic seems unstoppable. a few d

the new york stock exchange had an announced it was delisting 3 communications giants china telecom china unicom and china mobile. the delisting followed an executive order from president donald trump which barred american investments and chinese firms owned or controlled by the military now the exchange says it's changing course after talks with quote relevant regulators but today's announcement is not undoing the mounting tensions. this expression of chinese firms has a limited impact on these chinese companies but it will harm the u.s. his own national interests and the image of that country as well as the global position of the u.s. capital market has changed. the about face from the new york stock exchange has been called bizarre by some market watchers and is leaving traders smarting from the whiplash. but this could continue in its statement the new york stock exchange added they will keep an eye on whether these companies can remain listed. right a decision that caught many by surprise our financial analyst in new york now joins us good to see you what's behind this decision to su

eastern the new york stock exchange officially delisted china telecom, china mobile and china unicomres it comes after president trump signed an executive order in november banning american investors from investing in chinese listed companies on american exchanges that the administration accuses of financing china's military. in a fox business exclusive former secretary of state for economic growth and also former vice chair from goldman sachs bob poor max joins us now, meaning to director at tiedeman advisors. the push and pull of you should be and, yes you are not another officially delisted, what message does this send to investors. starting with confusion and sends a message that the administration wants to put pressure on china and it is done this to indicate his displeasure with china for a whole variety of reasons, the actual economic impact on china or the three companies is not enormous but symbolically it has certainly been one of many signals the administration has sent in its unhappy with china and wants to take action against them or chinese companies. liz: is sort of ce

unicom, china mobile, and china telecom on 7january basedtory from our asia business hub. hello, sharanjit hello, shara njit leyl. hello, sharanjit leyl. hi, hello, sharan'it leyl. hi, samantha. _ hello, sharanjit leyl. hi, samantha. those - hello, sharanjit leyl. h , samantha. those chinese telecom firms seem to have been waiting for the transition of power to the bidon administration. they announce that essentially they had made this request for a review today just hours after joe biden was sworn in as a trump's successor in washington. you will recall that after some flip—flopping ljy that after some flip—flopping by the new york stock exchange they were delisted following an executive order by former us president donald trump, which aimed to stop americans from investing in public companies that his administration claims to have links with the chinese military. these are the three largest telecom companies in china. they are huge. they lost billions of the value of the whole —— hong kong traded joe's after being delisted from not just wa

stock exchange reversing a decision to delist chinese telecommunications companies china mobile china telecom and china unicom just days after it was announced the new century as the 3 companies surging on the hong kong stock exchange on choose day but analysts say any celebrations unlikely to be short lived and the longer term i thing the tendency or the situation will not change at all because most of the old chinese companies are now this thing in the us there was sick for seek for a 2nd resisting opportunity maybe in hong kong or maybe in shanghai starboard because those chinese company will face more and more pressure from the record later the decision to delist followed the side of an executive order by u.s. president trump in november banning americans from investing in companies linked to china's military the new york stock exchange says it made that decision after consulting u.s. regulators beijing has accused the trumpet ministration of politicizing trade in arbitrarily suppressing chinese companies made with easier to surely some political forces in the united states have continuou

on the show, the new york stock exchange has scrapped list china's - telecome companies just four days after the move. why? talk about that right here this is bloomberg mid wanna lose weight and be healthier? it's time for aerotrainer. a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time. it allows for over 20 exercises. do the aerotrainer super crunch, push ups, aero squat. it inflates in 30 seconds. aerotrainer is tested to support over 500 pounds. lose weight, look great, and be healthy. go to aerotrainer.com. that's a-e-r-o trainer.com. annmarie: welcome back and good morning. europe. day break i'm annmarie in london. secretary of state mike pompeo regrets the u.s. hasn't made he calls ess in what the hard issues with china. he also said he believes china deliver on its phase one commitments. onyou have been fairly tough china on human rights issues and other things that they have been involved with with respect to and a new security law there. do yo

the fcc found china telecom failed -- the continued presence of that company in the united states and that more sufficient cause exists to move forward. we received additional information and evidence from the executive branch on the security threats posed by the remaining three companies. in the china mobile and telecom decisions full of recommendations made by rexford agencies and the executive branch which concluded that the company's operations in the united states posed a serious national security risk. this is consistent with our overall goal of government effort on national security issues in the telecommunications sector. for example, last april the president issued an executive order reforming the process by which the executive branch assists the fcc and evaluating national security and law enforcement concerns that may be raised by foreign participation in the u.s. telecom sector, where it's been known as the team telecom process. and last fall, the fcc adopted a new set of rules consistent with that executive order. formalizing the post working relationship across the worki

mobile, china unicom, and china telecom.his is after stephen mnuchin intervened personally saying that he was opposed to yesterday's surprise you turn. it caught the white house, the treasury department, and the state department all off guard yesterday. not helping clarify the situation were rather opaque statements i read on the air yesterday from the treasury office of foreign asset control, basically that there was a misinterpretation of that because the comments were saying , to delist these companies was not necessarily required. and that would not be effective. initially, the nyse thought it was complying with the trump executive order but became -- but reversed course when it became unclear the companies were actually banned. we wantuchin has said, you to go ahead and delist them. we are hearing from sources that the nyse is considering that. that executive order is still planning to take effect january 11, which is nine days before trump is due to leave the white house. shery: which takes me to my next question, how

china telecom, china unicom and others that held the fcc authorizations. they require the companies to demonstrate why the fcc should not begin proceedings to revoke and terminate operations in the u.s. based on similar national security concerns. last month, the fcc started the process for determining whether to revoke and terminate chinese telecom in the united states. they found that they failed to rebut the concerns. executive branch about the continued presence of that company in the united states and more than sufficient cause exists, and from the executive branch on security threats posed by the remaining three companies. and the fcc's china mobile and decisions followed recommendations followed by expert agencies in the executive branch which concluded that that posted security risks. this is the overall whole of government effort on national security issues on the telecommunications sector. last april, the president issued an executive order reforming the process by which the executive branch assists the fcc in evaluating national security and law

signed an a executive order in november that banned americans from investing in china mobile, china telecomand china unicom citing ties to the chinese military. those are some of the headlines we're following this morning in the newsroom. dagen: thank you so much. coming up, house minority whip steve scalise discussing yesterday's chaotic scenes and the certification of the electoral college. next hour, georgia congressman jody hice talks the balance of power shift in the senate after a double win in the state's runoff election. former arkansas governor mike huckabee on where the republican party goes from here. don't miss a moment of it. you're watching "mornings with maria" live on fox business. our new house is amazing. great street, huge yard. there is a bit of an issue with our neighbors fencing. neighbor 1: allez! (sound from wind chimes) neighbor 2: (laughing) at least geico makes bundling our home and car insurance easy. which helps us save even more. neighbor 2: hey, sarah, hey, peter! neighbor 1: touché. neighbor 2: ahhh! neighbor 1: pret! neighbor 2: en garde! for bundling made e