On January 26, 2017, the U.S.-China Economic and Security Review Commission will hold a public hearing on Chinese Investment in the United States: Impacts and Issues for Policymakers. This hearing follows the Commission’s November 2016 Annual Report to Congress, in which the Commission recommended, among other things, a bar on investment in the United States by Chinese state-owned enterprises (for background, see MassPoint’s November 2016 Business Update, Proposals to Curb Foreign Investment in the United States Gaining Steam After the Election and MassPoint’s April 2016 Business Update, Foreign Investment in U.S. Agriculture Under Scrutiny).
About the Commission“Congress created the U.S.-China Economic and Security Review Commission in 2000 in the National Defense Authorization Act (Public Law 106–398), as amended by Division P of the Consolidated Appropriations Resolution, 2003 (Public Law 108–7), as amended by Public Law 109–108 (November 22, 2005), as amended by Public Law 113–291 (December 19, 2014).”
Hearing background and information (as published by the Commission)“This is the first public hearing the Commission will hold during its 2017 report cycle to collect input from academic, industry, and government experts on national security implications of the U.S. bilateral trade and economic relationship with China. This hearing will explore patterns of Chinese investment in the United States and implications for U.S. policymakers. Topics that will be examined include China’s increasing investments in strategic sectors, Chinese state-owned companies claiming sovereign immunity in U.S. courts, and duress acquisitions of U.S. entities by Chinese firms. The hearing will also cover the activities of Chinese companies listed on U.S. stock exchanges, assessing implications for U.S. investors and the U.S. economy at large. The hearing will be co-chaired by Commissioners Robin Cleveland and Michael Wessel. Any interested party may file a written statement by January 26, 2017, by mailing to the contact below. A portion of each panel will include a question and answer period between the Commissioners and the witnesses.”
Hearing Location, Time, and Additional Information
- Location: Dirksen Senate Office Building, Room 419. Thursday, January 26, 2017, 9:00 a.m. to 3:05 p.m.
- Agenda. A detailed agenda for the hearing will be posted to the Commission’s web site at www.uscc.gov.
- Reservations. Reservations are not required to attend the hearing.