ABSTRACT

Taking Stock of 'China, Inc.': Examining Risks to Investors and the U.S. Posed by Foreign Issuers in U.S. Markets, Virtual Hearing Before the Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services, U.S. House of Representatives, One Hundred Seventeenth Congress, First Session, October 26, 2021   [open pdf - 47MB]

This is the October 26, 2021 hearing on "Taking Stock of 'China, Inc.': Examining Risks to Investors and the U.S. Posed by Foreign Issuers in U.S. Markets," held before the U.S. House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services. From the opening statement of Brad Sherman: "The intertwining of the American and Chinese economies has given China substantial power here in the United States. It really hasn't given America any power, political power in Beijing. We have great witnesses here today, but the most articulate witnesses are those who are not here today. Their decision to pull out of this hearing due to pressure, economic pressure, speaks loudly to China's strong economic power over politics and economics here in the United States. There are those who think that we shouldn't encourage or allow investment in China because it means American capital is flowing to their economy, but let us remember that this is a two-way street. [...] But we do have to make sure, if it is going to be a two-way street, that it is a fair street." Statements, letters, and materials submitted for the record include those of the following: Claire Chu, Eric Lorber, Samantha Ross, and Karen M. Sutter.

Report Number:
Serial No. 117-56
Publisher:
Date:
2022
Copyright:
Public Domain
Retrieved From:
U.S. Government Publishing Office: http://www.gpo.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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