USCC Press Release - September 10, 2003
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FOR IMMEDIATE RELEASE September 10, 2003 |
Contact: |
Kathy Michels kmichels@uscc.gov Omar Aslam oaslam@uscc.gov Web site:www.uscc.gov |
PLEASE SAVE THESE DATES
The U.S.-China Economic and Security Review Commission has scheduled public hearings in September and October examining key areas of its legislative mandate: China's industrial, investment, and exchange rate policies and China's energy needs and strategies.
September HearingWhat: Commission Public Hearing on "China's Industrial, Investment and Exchange Rate Policies: Impact on the U.S."
When: Thursday, September 25, 2003 - 9:00 am to 5:00 pm
Where:Room 124, Dirksen Senate Office Building, 1st & Constitution Ave., NE, Washington, DC 20510
This hearing will focus on the related issues of China's industrial policies and investment strategies, U.S. production and R&D transfers to China, and China's currency exchange rate. The Commission will hear perspectives on how China is continuing to attract high levels of foreign investment from the U.S. and elsewhere, where this investment is targeted, and how this investment fits into China's national industrial policies. Another central topic will be the effect that the current de facto fixed exchange rate between the Chinese currency and the U.S. Dollar is having on trade and investment between the two countries. The Commission seeks to gain a better understanding of how these dynamics impact the U.S. economy, particularly the manufacturing sector.
October Hearing
What: Commission Public Hearing on "China's Energy Needs and Strategies"
When:Thursday, October 30, 2003 - 9:00 am to 5:00 pm
Where:Room 124, Dirksen Senate Office Building, 1st & Constitution Ave., NE, Washington, DC 20510
This second hearing will examine China's strategies and policies for addressing its rapidly rising energy demands. The Commission will hear presentations on how China's energy needs can be expected to impact world energy markets in the near- and long-term, and on how China's energy demands shape its dealings in the Asia-Pacific, Middle East and other regions. These developments raise vital economic and security issues for the U.S. that merit closer evaluation.
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