Hearing: U.S. Debt to China: Implications and Repercussions

February 25, 2010

Room 562 Dirksen Senate Office Building
First Street and Constitution Avenue, NE
Washington, DC 20510

Hearing Co-Chairs: Commissioners Michael R. Wessel and Robin Cleveland

Commissioners’ Opening Statements

  • Opening Statement of Commissioner Michael R. Wessel  (PDF)
  • Opening Statement of Commissioner Robin Cleveland (PDF)

Panel I: China’s Lending Activities and U.S. Debt

Congressional Perspectives 

  • Congressman Frank R. Wolf (R-Virginia) [speaking at 10:30am] (PDF)

Panel II: China’s Current Holdings of U.S. Debt and Other Securities and the Implications for American Businesses and the Economy

Panel III: Political, Diplomatic, and Security Implications of U.S. Debt to China

  • Dr. Eswar Prasad, Nandlal P. Tolani Professor of Trade Policy, Cornell University, Ithaca, NY, and Senior Fellow, Brookings Institution, Washington, DC (PDF)
  • Dr. Daniel W. Drezner, Professor of International Politics, The Fletcher School, Tufts University, Medford, MA (PDF)
Transcript