U.S. Senators Introduce China Sanctions Bill Over Virus

The video discusses the Thrift Savings Plan, a federal retirement fund, and its halted investment in Chinese markets due to the Trump administration's intervention. It also covers a GOP bill introduced by Senator Lindsey Graham, which aims to impose sanctions on China if it fails to cooperate with a COVID-19 investigation. The bill is part of broader legislative efforts to increase pressure on China, including measures related to Taiwan's WHO status.

What was the intended purpose of the Thrift Savings Plan's $50 billion transfer?

• To invest in emerging markets including China

• To fund healthcare initiatives

• To provide loans to small businesses

• To support local US businesses

What action did the Trump administration take regarding the Thrift Savings Plan?

• Encouraged more investments in China

• Blocked investments in Chinese markets

• Increased the investment amount

• Transferred funds to European markets

What is the main objective of the GOP bill introduced by Senator Lindsey Graham?

• To improve trade relations with China

• To provide financial aid to China

• To reduce tariffs on Chinese goods

• To impose sanctions if China does not cooperate with a COVID-19 investigation

What does the GOP bill aim to achieve regarding China's cooperation?

• Promote cultural exchange programs

• Pressure China to disclose more information about the coronavirus outbreak

• Encourage China to invest in US markets

• Increase China's military presence in the US

What is one of the additional measures taken by US lawmakers to pressure China?

• Reducing US military presence in Asia

• Increasing tariffs on European goods

• Helping Taiwan regain WHO status

• Supporting China's bid for UN membership