U.S. Economic Relations with China: Strategies and Options on Exchange Rates and Market Access, Hearing Before the Subcommittee on Security and International Trade and Finance of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Tenth Congress, First Session on Information About Strategies and Options on Exchange Rates and Market Access, Wednesday, May 23, 2007   [open pdf - 3MB]

From Christopher Dodd's opening statement: "The issues of exchange rates and market access represent two significant hurdles in the U.S.China economic relationship. China is a source of tremendous opportunity for the United States, but also a source of new challenges that must be overcome in order to reach the full potential of our economic relationship. Foremost among these challenges is the need to level the playing field for American firms doing business in China and for American workers and companies producing goods for sale at home and abroad. Currently, the trade of goods and services is tilted to advantage Chinese firms because of ongoing Chinese government intervention to keep the yuan undervalued and China's discriminatory treatment of American and other non Chinese financial services firms." Statements, letters, and materials submitted for the record include those of the following: Christopher J. Dodd, Evan Bayh, Sherrod Brown, C. Fred Bergsten, David A. Hartquist, Rob Nichols, Patrick A. Mulloy, Jim Bunning, Robert P. Casey, Goldstein Morris, and John Nolan.

Report Number:
S. Hrg. 110-916; Senate Hearing 110-916
Public Domain
Retrieved From:
U.S. Government Printing Office, Federal Digital System: http://www.gpo.gov/fdsys/
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