RUSH TRANSCRIPT Stocks were ░░░░░░░░ performers Emily To talk ░░░░░░░░ about the U S ░░░░░░░░ China despite a tentative ░░░░░░░░ what seemed like a ░░░░░░░░ pre pandemic has now ░░░░░░░░ exploded Of course we ░░░░░░░░ that President Trump has ░░░░░░░░ recently blaming China for ░░░░░░░░ Coronavirus outbreak Now the ░░░░░░░░ S Has put additionalrestrictions ░░░░░░░░ Chinese telecom giant Huawei ░░░░░░░░ banning any company that ░░░░░░░░ U S Equipment from ░░░░░░░░ to Huawei I want ░░░░░░░░ bring in the cofounderof ░░░░░░░░ consulting firm rice hadley ░░░░░░░░ and manwell I want ░░░░░░░░ take a look at ░░░░░░░░ picture How would you ░░░░░░░░ at U S Chinese ░░░░░░░░ right now Anja Thanks ░░░░░░░░ having me There was ░░░░░░░░ phase one trade deal ░░░░░░░░ if it had not ░░░░░░░░ further that was promising ░░░░░░░░ since the Covid pandemic ░░░░░░░░ have fallen off a ░░░░░░░░ What you mentioned was ░░░░░░░░ perfect example of that ░░░░░░░░ was a recent pew ░░░░░░░░ that found that two ░░░░░░░░ of Americans have a ░░░░░░░░ view of China up ░░░░░░░░ 20 The two leading ░░░░░░░░ candidates seem to be ░░░░░░░░ themselves on China Emily ░░░░░░░░ S Intelligence has concluded ░░░░░░░░ China lied on the ░░░░░░░░ of the Coronavirus outbreak ░░░░░░░░ Do you believe that ░░░░░░░░ so is that grounds ░░░░░░░░ a more contentious relationship ░░░░░░░░ China Anja I don ░░░░░░░░ have access to intelligence ░░░░░░░░ but I have no ░░░░░░░░ to believe an authoritarian ░░░░░░░░ like China might not ░░░░░░░░ likely to be as ░░░░░░░░ as they might be ░░░░░░░░ they certainly were not ░░░░░░░░ clear only Covid crisis ░░░░░░░░ clearly some of this ░░░░░░░░ manufactured by both sides ░░░░░░░░ I think we are ░░░░░░░░ into difficult territory Emily ░░░░░░░░ s talk about the ░░░░░░░░ curbs Huawei has said ░░░░░░░░ is pernicious arbitrary What ░░░░░░░░ you think Is it ░░░░░░░░ Anja Huawei is a ░░░░░░░░ actor There is a ░░░░░░░░ of intelligence suggesting they ░░░░░░░░ close to thechinese military ░░░░░░░░ Intel This really seems ░░░░░░░░ be designedto put Huawei ░░░░░░░░ of business Many semiconductors ░░░░░░░░ on China and Huawei ░░░░░░░░ this has a huge ░░░░░░░░ on our own industry ░░░░░░░░ don t think the ░░░░░░░░ are going to take ░░░░░░░░ laying down They are ░░░░░░░░ threat again to come ░░░░░░░░ with a unreliable entities ░░░░░░░░ which will likely make ░░░░░░░░ for cisco Apple some ░░░░░░░░ our tech companies that ░░░░░░░░ a lot of business ░░░░░░░░ China Emily A lot ░░░░░░░░ the concern is how ░░░░░░░░ United States continues to ░░░░░░░░ technologically with China How ░░░░░░░░ the U S Compete ░░░░░░░░ we are in the ░░░░░░░░ of this outbreak while ░░░░░░░░ appears to be on ░░░░░░░░ mend Anja It is ░░░░░░░░ to appear to be ░░░░░░░░ the mend but it ░░░░░░░░ likely to be slower ░░░░░░░░ the U S Side ░░░░░░░░ have been dealing with ░░░░░░░░ tech race with China ░░░░░░░░ entirely defensively things like ░░░░░░░░ Chinese investments out and ░░░░░░░░ technology in the My ░░░░░░░░ is that we would ░░░░░░░░ better served in looking ░░░░░░░░ what the U S ░░░░░░░░ Europe can do to ░░░░░░░░ our own house in ░░░░░░░░ to compete effectively and ░░░░░░░░ together not alone There ░░░░░░░░ things we can do ░░░░░░░░ help promote science and ░░░░░░░░ in the United States ░░░░░░░░ would not be tearing ░░░░░░░░ down but would be ░░░░░░░░ ourselves up Emily the ░░░░░░░░ House has triedto get ░░░░░░░░ of this issue for ░░░░░░░░ by pushing U S ░░░░░░░░ to have their chips ░░░░░░░░ and manufactured in the ░░░░░░░░ States Now doubling down ░░░░░░░░ a factory in Arizona ░░░░░░░░ is the right tact ░░░░░░░░ the administration or the ░░░░░░░░ administration should there be ░░░░░░░░ next administration Anja I ░░░░░░░░ glad you mentioned that ░░░░░░░░ that is a big ░░░░░░░░ Tsmc one of the ░░░░░░░░ chip manufacturers based in ░░░░░░░░ a country we would ░░░░░░░░ a region Beijing would ░░░░░░░░ that they are trying ░░░░░░░░ reincorporate The fact that ░░░░░░░░ will manufacture the most ░░░░░░░░ chips in the coming ░░░░░░░░ in theunited states is ░░░░░░░░ development It seems positive ░░░░░░░░ building upour own capabilities ░░░░░░░░ good from my perspective ░░░░░░░░ Anja Manuel always good ░░░░░░░░ have your perspective Cofounder ░░░░░░░░ rice hadley gates Manuel ░░░░░░░░ good to have you ░░░░░░░░ us Coming up we ░░░░░░░░ talk about the race ░░░░░░░░ a Covid vaccine.