China Braces for Economic Impact of Coronavirus

The coronavirus pandemic has added a new wrinkle in the battle for economic supremacy between the United States and China. But while the U.S. and most of the world struggled to overcome economic woes during the pandemic, China was the Only Major Economy to Report Economic Growth for 2020, expanding its GDP by over 2%. Shehzad Qazi, Managing Director of China Beige Book International, explains why this story is overblown and discusses what we should expect to see when it comes to U.S.-China relations at the start of the Biden administration.

Eliza Collins, politics reporter at the Wall Street Journal, joins Cheddar to discuss President-elect Joe Biden and his coronavirus vaccine plan.

The number of people seeking unemployment aid soared last week to 965,000, the most since late August and evidence that the resurgent virus has caused a spike in layoffs.