berlin consulting good to have you with us andrew china is it looks like it's going from strength to strength what does the country's resilience fundamentally need for the u.s. economy and its weight of the rest of the world or more america is it's a big competition and it's going to remain so i think the. you know the most important point to bear in mind is that the u.s. still does have some inherent strengths it's still the safest investment in the world still safe haven investment use the u.s. still has the world's reserve currency the the best concentration of research universities the strongest military etc but i think the thing that's most important for the united states now is you play to its inherent historic strength of working with partners and working with allies and that's something that china doesn't have china does not have an alliance system it's only ally in the world is north korea so if for example as in your setup piece. it alluded to the fact that there's going to be this separation this decoupling of the economies and that will continue but for the united states

listen to those sheriffs who dare to defy andrew cuomo and his china virus restrictions this holidayconsider them a law enforcement officer because you don't have the right to pick laws that you think you will enforce, and you don't enforce laws that you don't agree with. that's not a law enforcement, that's a dictator. lou: he's sort of in a tough spot, isn't he? well, a "just the news" poll finds voters overwhelmingly support election reform. at least 70% of the poll's respondents supported purging voter rolls of those who don't belong on them, only counting mail-in ballots received by election day, reporting all votes on election night and having poll observers from both parties present at all times. what a good idea. joining us tonight is john solomon, editor in chief of "just the news" and best selling author as well. john, good to have you here. it's obvious that rudy giuliani and his team are working against a tremendous set of deadlines here, and sidney powell the same for her, which she acknowledged here on the broadcast. this is tough stuff. >> it is. lou: sidney is very co

well, andrew, yes, you're exactly right. mr. trump is making china great again. you know, he dropped out of the t p. p. he left asia and now our china and other asian nations are putting themselves together. this is one of the largest trade blocs in the world, if not the largest, certainly by population. it's great for asian, it's great for china's not good for the united states. how much she think the united states will actually suffer then as a result of this? well, it's lost opportunity. i mean, we're not that it will take us. it's going to lose any money specifically because of this. but when you see the chinese and the koreans and the japanese making free trade agreements with each other, those are a very, very, very big economies and nations a big, i mean there are 15 nations here, most of which are very prosperous and successful. and now the u.s. is not part of it yet. i mean, it's interesting, isn't it, jim? because america was trying to encourage the rest of the world twice like china, but obviously that hasn't happened. you know, it's, it's not just tha

china relations here's andrew adair he's the founder and c.e.o. of d.c. berlin consulting you know these america 1st policies you know may have come to an end relatively soon if joe biden is sworn in as the next u.s. president on january 20th in a matter of weeks. you know the united states is a democracy unlike china and china they have an authoritarian system it's a surveillance state that gives them certain inherent advantages when you're talking about economic resilience and economic growth. but the united states you know we we have not been able to get a 2nd relief package through congress in the last few months which everybody you know the federal reserve and our all are economic actors believe is a must in order for the. american economic prosperity to continue we have to get another relief package through and then we need. a credible national plan to get the pandemic under control and that's something that president trump has not been able to offer so united states has a political leadership vacuum right now that could change in the coming months

china relations here's andrew adair he's the founder and c.e.o. of d.c. berlin consulting you know these america 1st policies you know may come to an end relatively soon if joe biden is sworn in as the next u.s. president on january 20th in a matter of weeks. you know the united states is a democracy unlike china and china they have an authoritarian system that's a surveillance state that gives them certain inherent advantages when you're talking about economic resilience and economic growth. but the united states you know we we have not been able to get a 2nd relief package through congress in the last few months which everybody in the federal reserve and our all are economic actors believe is. a must in order for the . american economic prosperity to continue we have to get another relief package through and then we need. a credible national plan to get the pandemic under control and that's something that president trump has not been able to offer so united states has a political leadership vacuum right now that could change in the coming months and you

conservative columnist andrew mccarthy says cefc was part of china's debt trap diplomacy where chinaments billions of dollars for things like infrastructure and then manipulates them to do its bidding. you wonder why the bidens were getting involved in that. we're looking at senate homeland security and senate finance documents. cefc was storing china's oil reserve. hunter biden was helping china buy a back in russia's state backed oil company rosneft. they were working in places like louisiana. hunter talks about the cefc top guy, he is my partner. he is the richest man in the world. he is blanking spy chief of china. he goes missing. the other guy, patrick ho gets arrested for money laundering and bribes. pa patrick ho was trying to make cefc the middleman to help out iran, to help iran circumvent u.s. sanctions. that is patrick ho. the patrick ho hires hunter biden to help him with legal assistance when he is arrested. that guy goes to jail for money laundering and bribes in uganda and chad. this also involves iran sanctions. it is bigger than just reported money laundering. we're

andrew >> okay. coming up when we return, china tech stocks, they're under some pressure this morning.felt here at home as well in u.s. listing adrs jd.com down 2% alibaba down more than 3 this coming on a special day coming up on all of it "squawk" returns right after this >>> time now for today's aflac trivia question. veterans day originated as this on the first anniversary at the d world war i the answer when cnbc "squawk box" continues aflac. these are all the cab rides to my physical therapy. and aflac paid me directly to help. aflac. what he said. and this unexpected bill is from... the two-thousand-dollar specialist. thanks. aflac. when you're sick or injured, aflac is there. we can help with expenses health insurance doesn't cover. get to know us at (aflac!) dot com. if you're concerned about the environment and climate change, how do you find companies that are driving the right outcomes? if you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities? for nearly 40 years, calvert has delivered competitive return

china over broader e.m. and that continues to be way we're viewing those markets. francine: andrewwe losing sight of what has happened with covid? is a double dip session a given? >> i think that is an important question to focus on. i think we have had an event that has pushed covid off the front page so to speak but the cases are getting worse in the u.s. and trending up in europe. the pandemic has not gone away. if anything, it is getting more serious. i think you have potentially arrived at an election outcome where the market would care more about covid. if we had had a democratic sweep or republican sweep the market might have said i can look beyond the mizing covid cases because we're going the get such aggressive policy next year that it won't matter to economy. i think we're log at an outcome more likely to generate gridlock and impede policy. i think those carry far more weight to where the market will go. i think that is absolutely the right questioning. this elections one of its conclusion is that the market will be more sensitive to covid developments than other scenar

andrew to see and staying safe online. all these needs to be really considered very carefully before giving to this restructure. jodi, china is the only major power that's come up with some sort of a suggestion. europea european union. the americans are fighting about taxation and privacy issues. china stepping into the void here, isn't it a void that needs filling? well, china and russia have been working very effectively, especially at the united nations level. china has been making some strides towards the goals that it, it wants to put in place. it uses the right terminology, it uses internet governance. it uses protection of expression bet that is what their term is and their definition is the part of the problem has been that the united states has really not shown the leadership for the last decade that it should have been showing in multilateral for us to really be leading globally on cyber security, cyber crime, and these issues. and it's opened the door for china and russia to play a more prominent role in the united nations and to align other countries in africa, asia, or latin america to get them to come along w

andrew said the virus -- people should remain on alert. new data on the trade deal show target --ikely will as of the end of october, china has bought over $75illion of goods. a further $95 billion needed to purchase before the end of this year. state media says china is likely to exit from stimulus measures as soon as the economy improves. any interest rate hike remains off the table for now. .ight credit are inevitable anypaper failed to cite officials. reports in dublin say the european commission has told member states of full deal on financial equivalents with the u.k. is unlikely this year. sources on a brussels adding some progress has been made on bridging agreements. the eu has warned without further compromise, brexit negotiations may be terminated this weekend. new zealand says it will declare a climate emergency next week. -- the world is mired in crisis that will affect every aspect of life. and the type of environment the next generation will inherit. statement to address the issue. those were your first word headlines. covidck friday in the era. analysts struggling to predict how consumers will turn up. this year will be like

joined by christie lagarde and andrew bailey in warning economic challenges despite the prospect of a coronavirus pub -- coronavirus vexing. -- coronaviruss vaccine. china joe biden. the move comes as president trump bans investment in companies controlled by china's military. tensions between china and the trump administration are still clearly in view. this is what we have in terms of european equity markets. we've got an expectation we will head lower at the start of trade. u.s. futures have been pointing to the upside. not a very risk on move, because nasdaq futures seem to be leading the weight in the united states -- way in the united states. let's see how european equity markets manage to open up. we've been focused very much on the second wave of the virus in europe for many weeks, many months in fact, and it only seemed to be yesterday in the u.s., the prospect of a second lockdown measures, however limited and however geographically specific, seem to capture the imagination of u.s. traders. that seemed to weigh on the u.s. story. european equity markets opening lower as we play catch up with what happened in the u.s., the ftse 100 down .7%, th

china had bought only 44% of this year's target of $172 billion in american goods. it divided u.s. supreme court has block andrewimposing attendance limits at some worship services. justices voted 5-4 against the limits. chief justice john roberts joined the liberal wing in a dissent. u.k., a new risk within the conservative party. moving to cap the country's foreign aid budget. some conservatives say it is wrong to reduce spending on other countries but the move shows his priorities are at home rather than those overseas. and the astrazeneca and university of oxford face more questions about the coronavirus vaccine trial results. led toacturing error later stages of the trial halfi ng a dose instead of a full one. that has led to some doubts that u.s. regulators will approve the vaccine. global news 24 hours a day on air and @quicktake on twitter. powered by more than 2700 journalists and analysts in more than 120 countries. this is bloomberg. anna: chancellor angela merkel urging germans to do more to rein in the coronavirus. with infection rate and fatalities on the rise, earlier restrictions in the nation sh

be handling china and others >> you know, tony was deputy secretary of state i described him as, you know, really mainstream, extremely bright, capable, a lot of experience i think that andrewt trump has actually left joe biden a lot of leverage on the table in probably the two most important foreign policy theaters, china and iran, and you can agree or disagree with his tariff policy on china i tended to agree with that more or his decision to scrap the iran nuclear deal and impose sanctions on iran, which i frankly haven't had a lot of problem with either. where president trump was weak was going from creating that leverage to actually engaging in a negotiation that uses that leverage, you know, to lock in the gains. so now that he's leaving office, though, he's leaving on the table, andrew, tremendous leverage for biden in both of these theaters, and i can't tell you how they're going to use it. but he's really got the potential and the tools to reforge a new nuclear deal with iran that will be improved over the other. and maybe take the kind of trade deal that trump was aspiring to and negotiate it, you know, to the conclusion that we'll have long-term benefit as well.

china. shanghai composite down a faction. hong kong was up better than 1%. former fbi deputy director andrewadmit to mistakes during the 2016 russia probe. were they criminal? cheryl casone with details now. cheryl: we'll learn more today. the senate judiciary committee will grill former fbi deputy director andrew mccabe on the 2016 crossfire hurricane investigation. mccabe plans to defend the bureau's handling of the probe but admit to mistakes made in the investigation. some of his prepared remarks include, quote, we opened a case to find out h how the russians might be undermining the election, we opened the case because it was our duty to do so. we did our of job. well, housing and urban development segment ben carson has tested positive for coronavirus, just days after president trump's chief of staff mark meadows also tested positive. both attended an election night party at the white house on tuesday. a spokesperson says carson is in good spirits. a judge approving a deal to save jc penney from bankruptcy. lenders are going to forgive $1 billion in debt in exchange for 160 properties

which criticized china's tight financial regulation president xi read reports about the speech and ordered investigators to investigate the ipo which resulted in shutting it down. andrewtime, a presidential election update for you this morning. nbc news now projecting joe biden has won the state of arizona and its eleven electoral college votes. the call coming late last night, nine days after election day president trump won arizona in 2016 by 3 percentage points and a republican has won the state in every election since 1996 as of late last night, biden was edging trump by 0.3 percentage points biden now has 290 electoral college votes to president trump's 217. though trump, as we know, has still refused to concede the election joe? >> the u.s. once again setting a new record for new coronavirus cases in a single day. according to nbc news, there were more than 159 n,000 new infections california has now joined texas with more than a million the incoming joe biden administration is ramping up its efforts to tackle the virus with the help of a 13-member covid task force joining us now is one of the members of the task force, dr. celine gounder, professor at nyu schoo

andrew leading around the world. -- and leading around the world. not to cut bad deals or just hope adversaries would ignore us. we want to keep china like the threat it was, not settle for a future where america slides into second-class. we are going to stand up for the unborn, not surrender to an elite coastal culture that says the most vulnerable lives are disposable. kentucky said we are keeping our front row seat in the senate. we don't know which presidential candidate will begin a new term candidate will begin a new term in january. we do not know which party will control the senate, but some things are certain are ready. -- certain already. we know grave challenges will remain before us. challenges that could not care less about our political polarization. we know our next president will need to unite the country as we continue to bring different ideas and commitments to the table. we also know that beyond any shadow of a doubt, our nation, our people can do this. have31 years, americans dominated one challenge after another. we have everything we need to defeat this terrible virus and come back stronger. we have the most re

andrew talks a good game. we'll see what he's like >> he wouldn't do it either. >> no way. >>> there is no shortage of news out there. chinand 14 other asia-pacific countries signed the world's largest trade agreement yesterday. the trading bloc covers a market of 2.2 billion people and $26.2 trillion of global output. the deal will attempt to lower tariffs across multiple aareas this marks the first time they are in a single trade agreement. we'll have a live report from beijing later this hour. investors continue to monitor president trump's election challenges kayla tausche joins us with the weekend headlines. kayla, there are plenty of them. good to see you that morning >> reporter: good morning, becky. there are plenty including president trump has begun to allude to a transfer of power. at a friday rose garden even he referenced another administration and in a tweet yesterday he began it simply with the words he won followed by some false claims about the election being rigged even as the trump campaign was dropping the majority of its legal challenges in pennsylvania, one of the last remaining challenges outstanding