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U.S.-China Economic and Security Review Commission, "Hearing: Trends and Implications of Chinese Investment in the United States," May 9, 2013

This hearing was conducted by the U.S.-China Economic and Security Review Commission on May 9, 2013. The U.S.-China Economic and Security Review Commission was created by the U.S. Congress in 2000 to monitor, investigate, and submit to Congress an annual report on the national security implications of the economic relationship between the United States and the People’s Republic of China.
May 9, 2013
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Thursday, May 9, 2013
The U.S. Capitol, Room H-309.

Hearing Co-Chairs: Commissioners Carolyn Bartholomew and Larry Wortzel

DEAR SENATOR LEAHY AND SPEAKER BOEHNER:
We are pleased to notify you of the Commission’s May 9, 2013 public hearing on “Trends and Implications of Chinese Investment in the United States.”  The Floyd D. Spence National Defense Authorization Act (amended by Pub. L. No. 109-108, section 635(a)) provides the basis for this hearing.

At the hearing, the Commissioners received testimony from the following witnesses: Thilo Hanemann, Research Director, Rhodium Group; Dr. Derek Scissors, Senior Research Fellow, The Heritage Foundation; Andrew Szamosszegi, Principal, Capital Trade, Inc.; Elizabeth Drake, Partner, Stewart & Stewart; Mark Plotkin, Partner, Covington & Burling LLP; and Dean Popps, former Acting Assistant Secretary of the Army, Acquisition, Logistics and Technology.  The hearing explored patterns of Chinese investment in the U.S. and the implications of that investment for U.S. policymakers.

We note that prepared statements for the hearing, the hearing transcript, and supporting documents submitted by the witnesses will soon be available on the Commission’s website at www.USCC.gov. Members and the staff of the Commission are available to provide more detailed briefings. We hope these materials will be helpful to the Congress as it continues its assessment of U.S.-China relations and their impact on U.S. security.

The Commission will examine in greater depth these issues, and the other issues enumerated in its statutory mandate, in its 2013 Annual Report that will be submitted to Congress in November 2013. Should you have any questions regarding this hearing or any other issue related to China, please do not hesitate to have your staff contact our Congressional Liaison, Reed Eckhold, at (202) 624-1496 or via email at reckhold@uscc.gov.

Sincerely yours,     
Hon. William A. Reinsch    
Hon. Dennis C. Shea   

Panel I: Patterns of Investment in the United States
Mr. Thilo Hanemann, Research Director, Rhodium Group
Dr. Derek Scissors, Senior Research Fellow, The Heritage Foundation
Mr. Andrew Szamosszegi, Principal, Capital Trade, Inc.

Panel II: Issues for Policymakers
Ms. Elizabeth J. Drake, Partner, Stewart & Stewart
Mr. Mark E. Plotkin, Partner, Covington & Burling LLP
Mr. Dean G. Popps, former Acting Assistant Secretary of the Army, Acquisition, Logistics and Technology

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