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Ex-Central Illinois congressman takes high-ranking job at U.S. Chamber of Commerce [Video]

WASHINGTON, D.C. (25News Now) – Former Republican Congressman Rodney Davis has been hired as head of governmental affairs for the U.S. Chamber of Commerce.

Davis was elected to Congress in 2012 representing a district that included parts of Central Illinois. Two years ago, he lost a GOP primary race in the newly drawn 15th District to U.S. Rep. Mary Miller, who had former President Donald Trump’s support in that contest.

“As a five-term member of Congress, Rodney Davis earned a reputation as a champion of free enterprise and pro-growth policies and effective legislator who was deeply respected on both sides of the aisle,” U.S. Chamber of Commerce President and CEO Suzanne P. Clark said in a prepared statement.

“His deep relationships, policy expertise, and proven track record as a consensus builder around the toughest issues will be invaluable as the Chamber continues to advocate for businesses and for a growth and opportunity agenda …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.