there has been a china research group set up to look ata china research group set up to look at a resetd add a little bit of caution. this is rhetoric. these are words. they are not actions, yet. it may turn out to be so, if there is this investigation and, interestingly, you mentioned the sort of post brexit world. they have got this dilemma, the uk government, because there will be a different relationship with the eu. can they really afford to shun china in any shape, sense or form, when they are going to try to have to navigate their way between the us and china. they want china to remain and china. they want china to remain an international player. they want them to be part of the international scene. so they may have to watch their tone a little bit, if they wa nt their tone a little bit, if they want to think about our post—economic relationship when trade may be very difficult and actually not very certain, depending on what happens with the coronavirus pandemic. another challenge in the entry. nesrine, you're talking to us from cairo. we haven't spoken about north africa very m

just the other week we saw the formation of this new china research group, a real hawks on china whohink the uk should be taking a much tougher line and may be the coronavirus has given the conservative party and now the government an excuse. the conservative party and now the government an excuse. and this has obviously enraged donald trump as well. i think it is more connected to that. liz truss has been trying to that. liz truss has been trying to get us a quick trade deal with the us. i think some of this is connected to having to please donald trump and his cabal. i think this is about china, the new cold war which has already started, between some parts of the west and china. it is not entirely to do with the hawks in oui’ not entirely to do with the hawks in our conservative party but also what donald trump once. and others want. and the whole com is a story which we will talk about is connected to that. interest income at the source quoted by the telegraph as saying that wants to pull back from the involvement on china but he still wa nts a involvement on china but he still w

there's been a china research group set up within the conservative party to look at a reset of relationsese are words. they are not actions yet. it may turn out to be so if there is this investigation. and interestingly you mentioned the post—brexit world. they've got this dilemma, the uk government, because there will be a different relationship with the eu so they can really afford to shun china in any shape, sense, or form when they will have to try to navigate a way between the us and china? they want china to remain an international player. they want them to be part of the international scene so they may have to watch their tone a little bit if they want to think about our post—economic relationship when trade might be very, very difficult and not very certain, depending what happens with the coronavirus. another challenge in the in—tray. we are running out of time. nesrine, you're talking to us from cairo so can you give us a quick insight because we haven't talked about north africa very much on this programme over the course of the virus, give us an insight how egypt and north af

china. what we do know, the pew research group did a poll which showed over 90% of the american public think that china is a threat in some way and over 70% have an unfavorable opinion. in my judgment, the behavior of the china's communist party over the last three months, particularly, unleashing this pandemic, so we'll have joe biden long friend of china, president donald j. trump, the only president in modern history to stand up to china. going into november, what this is about, it's not going to be about the pandemic it's going to be about jobs. >> you know, you keep talking about -- we're going to talk about the economy. you keep talking about china. all during the month of february, as i said, the president was continuing to praise china, president xi of china, trying to work out that trade deal with china. wanted to preserve that, wanted to preserve the gains in the stock market. president trump was praising china all through the month of february and, you know, there's a lot of evidence that those lost weeks made a difference. >> so, first of all, i think it's great that we have a pr

is up next where we will continue the conversation on china, looking at the npc policy meeting with eurasia group research strategy and operations head meredith sumter. this is bloomberg. ♪ romaine: broadcasting live from new york, i am romaine bostick alongside scarlet fu and this is "what'd you miss?" scarlet: let's get you a snapshot of how u.s. stocks ended the day. it was a light trading day. nevertheless, u.s. stocks managing to erase early losses and close at session highs. after swinging between gains and losses, the indexes end the week higher by about -- percent. one thing that caused some distress is what is going on in china. upendeding pandemic has the most important political event of the year, the national people's congress. beijing,erway in bringing delegates from across china. let's take a look at the challenges ahead. >> the annual two sessions of the national people's congress typically bring together 5000 party members over at least 10 days. this time, onlookers expect a different format after the convention was postponed amid the coronavirus outbreak. reports suggest both meetings cou

monella but sticking with china we do have a group of senate republicans now introducing the covert 19 protection act arguing that any future american covert $1000.00 research must be kept safe from quote chinese sabotage and theft and it places the blame for this pandemic soley on china now the 7 g.o.p. senators led by florida republican rick scott wrote the act would require a thorough national security about you ation it also gives clearance from the department of homeland security to the f.b.i. and the state department to investigate all chinese student visa holders currently working on vaccine research here in the u.s. now you do have the world health organization urging the rest of the world not to do like the u.s. and keeping this u.s. vaccine away from china but working together to get this vaccine out there quickly hopefully by this fall manila that's probably a good idea. with the update thank you. and brazil could soon become the country with the 2nd highest in 1000 cases health officials say the number of new cases spiked dramatically on wednesday right now brazil has some 310000 confirmed cases and about 20000 deaths that is compared to the num

china. congress, last year, did well in creating something called barda, an advanced research agency for this sort of thing. philanthropy groups like bill gates have done pre-buying to get ready for this vaccine. with vaccines, you have to make sure they don't hurt the host, second, you have to make sure and third, youg, have to make sure they have an impact. it normally takes five or 10 years to produce a vaccine. we are trying to do it in 12-18 months. come: if someone were to up with a vaccine, do we have enough manufacturing capability? eric: most people who have looked at this conclude that eventually, yes, but not in the short term. there is universal agreement that the vaccine should first be available to health-care workers, people who are most at risk, and people like those in nursing homes, people working in meatpacking facilities where there is a high probability of transmission. my guess is that there will be a vaccine within 12 months or so, then there will be a big fight over who gets it. i have funded ideas and projects to try to think about how to do that ethically. right now, we need to work on the vaccine. da

china does it. they create all these lobbies right? they've created a lobbying group with universities so they could send their researchers in there to stealnd created a lobbying group with hollywood and they fund all of the movies so that hollywood listens to them. they've created lobbying groups throughout america. one of your bills is called the script act. i want you to talk about that because they really bullied hollywood and hollywood producer s roll over about it you've mentioned a couple of films before, top gun, bohemian rhapsody tell me what your script act does real quick. >> it really is tragic that hollywood has been willing over and over again for the chinese communist and let the chinese governmentcensure american movie s. maria: showing the maverick's jacket on air right now, because hollywood, because the chinese communist government told hollywood take off the flag of taiwan and japan off maverick's jacket, right? >> yup and hollywood happily complied. think about it for a second. we're saying maverick is afraid of the damn chinese communist. this is ridiculous and china -- maria: and in bahamian rhapsody the chinese comm

and china are yet again on the boil and have really pushed. , very close toan last year's lows against the u.s. dollar. let's get more on this with the banking group head of asia research us right now on the line. very good morning. >> good morning. david: i want to start off with the yuan, dollar china, again near these lows that we hit last year. a look at spreads between china and the u.s. ten-year, over 200 bips. moreu think china has appetite right now for a much weaker currency compared to that appetite it had last year? it pulled it back. khoon: i believe the yuan has further scope to weaken and i believe the chinese authorities will allow this weakness because i think they have shown us they are doing the trade war. they are very open, and in fact, very willing to allow the yuan to weaken in order to help the export sector cope with the tariffs last year, and of course, this time around, with escalating u.s.-china tensions, plus the export markets for china has pretty much collapsed. that requires further weakening and the yuan in order to assist the export sector and help the economy recover. i believe authorities will be very open to that. they will not allow

, but before, while china or other state actors might be looking at energy companies or specific political parties, now they're focusing their attention on scientists, research groups advantage of this covid moment, because while before they would be pretending to be nigerian princes or things like that, now they're selling fake tests or trying to convince people that they can get money as part of a government small business support scheme and things like that. >> but, richard, this is all part of what appears to be, i guess, a perverted version of the space race, right? we had the cold war space race between the soviets and the americans. now it seems as if it's the americans and the chinese that are competing for sort of world hero to save the globe from the pandemic and that is -- that is certainly motivating on the chinese side. is that fair to say? >> i think there are a lot of comparisons to the space race. one is the prestige that you just talked about. there's a military component to this, because if you are able to tap into what other countries are doing, finding out more about how the virus has exposed weaknesses in their communications systems, in their

groups from the united states. united kingdom and china. here to discuss dr. larry expert in the design and testing of vaccine. and former president director of the cancer research center. cofounder of the hiv vaccine tria trials net work. a pleasure to have you. thank you so much. you cowrote an article in science magazine along with dr. fauci. out lining ways to speet up the process to get a coronavirus vaccine. what has to happen to get a vaccine quickly? >> i think we have to have the entire energy of the pharmaceutical industry. academy establishment and government. as well as frankly people of the united states. our goal is really that we don't need a vaccine, we need multiple. we need to take multiple vaccines, show effectiveness, in a transparent way. show their safety. show that the ver rasty of the data is spot on. we have to immunize over 4 billion adults in the world and now that we're showing that the virus also severely affects children it's more. how do we do this? we have to bring everybody together and we have to essentially march the vaccines in a way that allows multiple vaccines to be licensed. multiple vaccines to be manufactured. and the ti

groups. it is not just china and iran. it is vietnam and south korea. there is also this, you know, these countries are taking advantage of softer security as millions of researcherstists and workers being suddenly forced to work from their homes. there is another story coming out. it is something we've been reporting on for months. that the uk is, scientists and researchers in the uk is now saying, colonel that the covid-19 outbreak in china and wuhan started earlier, possibly, looks like to them in october. so if it started in october, then the coverup and the concealment in china is way deeper and more profound than we realize. now we've got 18 state attorneys general, bipartisan push, they're both republicans and democrats saying house and senate, you got to launch hearings right now what is going on with china covering up. your reaction to that? >> this reflects on something we talked about before, china's more aggressive behavior of late, acting out in the south china seas, going after hong kong dissidents. pressuring, threatening other countries, if they don't, essentially duplicate chinese propaganda, they will be cut off or punished. i think the chinese a

research in our office right now. people looking at china's exclusion case files as well as japanese internees during world war ii. national park service. record group 79. you've all been to a national park at some point in your life. we have records on the administration of those parks. u.s. army corps of engineers, record 77 and you can see the rest of that list there. so every agency gets its own number, special identifier so when i ask james, what's our record group 36, james? >> u.s. customs. >> >> well done, james. use the microphone. good job. just wants to see if you're still wake over there. good enough. so locating records by individuals. so we are going to assume that we've already done some research ahead of time and we're going to show you some topics. some records we digitized. some are online, some on facebook and some have been exhibits in the national archives in washington, d.c. just kind of go through them, give you a little bit of the background of that record or the agency that created and it then kind of leave it up to you guys if you have more questions during the q&a or again, riverside is only a couple of hours away. come ou

china study was a smaller group than the study that dr. fauci had but what do you make of dr. fauci, he was talking how it reminded him of the very, very first breakthrough in hiv research, which in itself was not something giant but it was -- it gave him the very first building block that eventually got us to the kind of drugs that would work. >> i think we all along have said that drug therapy surely could play a role in this disease and how the pandemic will unfold. i think the challenge we have right now, lawrence, is that we're working on virus time, not human time and most of the serious damage that this virus is going to do is going to occur in the next 12 to 16 to 18 months and so unlike other situations where we've been researching drugs for years like hiv to find the right combination, we need drugs now and i think anyone who has been looking into hospitals, looking what is happening recognizes that. yes, this is a step forward but we need other big ones right now so that we can use these drugs right now. >> you were one who saw all of this coming. you were giving us the predictions of where these numbers were going to go back in march. what do you make of dr.

group research, great to have you with us. -- pepper stone. casesnow reporting your for may 17. we heard earlier two cases were reported in one province and another in shanghai, as chinaronavirus cases. coming up next, oil climbed above $30 per barrel in asia for the first time in two months. we will tell you what drove it, next. this is bloomberg. ♪ .aidi: oil is rising after aswing signs of recovery makers cut production. on why the outlook may be getting brighter. focused one are now the full and timely and limitation of that timely implementation of that 9.7 signed off by participating countries. also importantly, is some of our ,ountries like saudi arabia kuwait and uae, have come forward with additional voluntary supply adjustments in the region of 1.2 million rows per day. , on top ofper day the baseline, the effective baseline they were coming down from an april. ,n total these three countries they have effectively reduced 2.74 million about barrels per day. bringing in some total at the moment, accumulative 10.6 4 mllion euros a day -- 10.64 barrels per day for opec plus. if you take into account voluntary and involuntary shut ins globally the numbers we are