Research
China’s direct financial linkages with the United States have been growing but remain very modest when compared to the two countries’ trade linkages. Beijing has taken steps to gradually open its financial sector to foreign investors, but U.S. investors have displayed little interest since the reforms are happening as Chinese policymakers impose tighter restrictions on foreign currency conversions and outbound capital flows. Economic and financial developments in China can affect U.S. financial markets more substantially through indirect channels, as was evident in the reaction of U.S. equities to China’s stock market crashes in 2015 and 2016. More broadly, the impact of China’s slowing growth and economic reforms on trade, commodities demand, and investor confidence affects global financial markets, which in turn influence U.S. financial markets.
China Bulletin
Presidents Trump and Xi agree to reform a flagship bilateral dialogue
Hearings
This hearing will examine the effectiveness of Chinese censorship mechanisms as well the current reliability of censorship circumvention methods and the implications for the United States of China’s attempts to export its information control practices. It will also address China’s soft power strategy to influence media globally, especially its influence over entertainment and journalism, and it will assess the degree of freedom currently allowed to Chinese and foreign reporters in China. Finally, it will address trends in the regulation of cyberspace, the international implications of China’s concept of Internet sovereignty, and China’s computer network operations doctrine, including how Chinese strategists conceptualize deterrence in cyberspace.
Research
The U.S.-China Economic and Security Review Commission invites submission of proposals to provide a one-time unclassified report on China’s development of advanced weapons. Electronic or hard-copy proposals must be received by 5:30PM (EST) on May 30, 2017.
Research
This two page issue brief lays out the U.S. statutory test for determining whether a country is a market economy, and assesses China’s eligibility based on those criteria.
Hearings
This hearing will discuss Beijing’s perceived security concerns regarding Taiwan, the East China Sea (Senkaku Islands), as well as challenges to China’s maritime claims in the South China Sea. These areas are “regional hotspots” for which the People's Liberation Army is actively preparing for contingencies that could result in armed conflicts between China and U.S. allies, friends, and partners in the Asia Pacific region which could or, in the case of an ally, would result in a diplomatic or military response by the United States. The hearing will take place in Dirksen Senate Office Building, Room 419 at 9:30 AM on Thursday, April 13.
Research
The report examines Chinese investment in U.S. aviation and related university connections with Chinese entities and assesses the implications of the resulting technology transfer on U.S. national security and aviation industry competitiveness. This report was prepared for the Commission by the RAND Corporation.
Press Release
The report examines Chinese investment in U.S. aviation and related university connections with Chinese entities and assesses the implications of the resulting technology transfer on U.S. national security and aviation industry competitiveness.
Research
Chinese imports account for a disproportionately high number of product safety recalls in the United States, and China’s position as the largest supplier of U.S. consumer imports challenges U.S. safety regulatory agencies who must apply finite resources to screen out risky products. This staff paper explores unique product safety problems posed by Chinese imports, including legal difficulties associated with holding China-based firms accountable for unsafe products, gaps in China’s safety regulatory structure, and difficulty in identifying Chinese products that have been shipped through third party countries. The report also summarizes U.S. import safety procedures followed by the U.S. Consumer Product Safety Commission and U.S. Food and Drug Administration and the resources available to these agencies to detect unsafe imports.