86 199. Daniel H. Rosen and Thilo Hanemann, “New Realities in the US-China Investment Relationship,” Rhodium Group, April 29, 2014; Nargiza Salidjanova, “Going Out: An Overview of China’s Outward Foreign Direct Investment,” U.S.-China Economic and Security Review Commission, March 30, 2011. 200. National Committee on U.S.-China Relations and Rhodium Group, “New Neighbors: 2016 Update,” April 2016, 6. 201. National Committee on U.S.-China Relations and Rhodium Group, “New Neighbors: 2016 Update,” April 2016, 1. 202. National Committee on U.S.-China Relations and Rhodium Group, “New Neighbors: 2016 Update,” April 2016, 2. 203. Bloomberg News, “China’s Biggest-Ever Metals Deal Snaps up Cleveland’s Aleris,” August 30, 2016; Daniel Miller, “Wanda Delays Integrating Legendary into Entertainment Business,” Los Angeles Times, August 1, 2016; Jere Downs and Sheldon Shafer, “GE Appliances Sold to Haier,” Courier-Journal, June 6, 2016; Yahoo Finance, “Mattson Technology, Inc. Announces Completion of Acquisition by Beijing E-Town Dragon Semiconductor Industry Investment Center,” May 11, 2016; David M. Levitt and Hui-Yong Yu, “Blackstone’s Gray Confident Anbang Will Complete Hotel Deal,” Bloomberg, April 13, 2016; PR Newswire, “Humanwell Healthcare Group and PuraCap Pharmaceutical LLC to Acquire Epic Pharma, LLC,” March 31, 2016; Diane Bartz and Greg Roumeliotis. “China’s Anbang Wins U.S. Security Panel OK to Buy Fidelity & Guaranty,” Reuters, March 15, 2016; PR Newswire, “Ingram Micro Enters into Agreement to Be Acquired by Tianjin Tianhai to Become a Part of HNA Group,” February 17, 2016; Matthew Monks and Annie Massa, “Chicago Stock Exchange to Be Sold to Chinese-Led Investor Group,” Chicago Tribune, February 6, 2016; Business Insider, “Chinese Consumer Electronics Giant Haier Is Buying GE’s Appliance Unit for $5.4 Billion,” January 15, 2016; Ben Fritz, “China’s Dalian Wanda Buys Legendary Entertainment for $3.5 Billion,” Wall Street Journal, January 12, 2016; Derek Scissors, “China Global Investment Tracker,” American Enterprise Institute; PR Newswire, “ISSI Announces Completion of Acquisition by Uphill,” December 7, 2015; Insurance Journal, “China’s Fosun Completes Acquisition of Remaining 80% Interest in Ironshore,” November 23, 2015; Lisa Beilfuss, “Review for Integrated Silicon Solution’s Takeover by Chinese Consortium is Extended,” Wall Street Journal, September 16, 2015; PR Newswire, “BHR and AVIC Auto Acquire Henniges Automotive,” September 15, 2015; Matthew Miller and Shu Zhang, “China’s Wanda Buys Ironman Triathlon Owner for $650 Million,” Reuters, August 27, 2015; and Michael Cole, “China Vanke Buys Historic NYC Tower for $125 Million,” Mingtiandi (China), April 29, 2015. 204. National Committee on U.S.-China Relations and Rhodium Group, “New Neighbors: 2016 Update,” April 2016, 2. 205. Kenneth Rosen et al., “Breaking Ground: Chinese Investment in U.S. Real Estate,” Asia Society, May 2016, 7. 206. Thilo Hanemann and Cassie Gao, “Chinese FDI in the US: 2015 Recap,” Rhodium Group, January 19, 2016. 207. Thilo Hanemann and Cassie Gao, “Chinese FDI in the US: 2015 Recap,” Rhodium Group, January 19, 2016. 208. Baker & McKenzie, “Chinese FDI Hits $40 Billion in 2015 for Europe and North America,” March 10, 2016. 209. William Mauldin, “China Investment in U.S. Economy Set for Record, but Political Concerns Grow,” Wall Street Journal, April 12, 2016. 210. Ian King, “Ingram Micro to Be Bought by Tianjin Tianhai for $6 Billion,” Bloomberg, February 17, 2016. 211. Sai Sachin, “China’s HNA Group to Buy Ingram Micro for $6 Billion,” Reuters, February 18, 2016. 212. Michael Flaherty and Arathy S. Nair, “Western Digital’s SanDisk Deal Re- Priced after China Deal Collapses,” Reuters, February 23, 2016; Maarten van Tartwijk, “Philips Nixes Lighting-Unit Sale to Chinese Investor as U.S. Rebuffs Deal,” Wall Street Journal, January 21, 2016. 213. Diane Bartz and Liana B. Baker, “Fairchild Rejects Chinese Offer on U.S. Regulatory Fears,” Reuters, February 16, 2016. 214. Jeff Stein, “U.S. Probes Chinese Ownership of CIA-Linked Insurance Company,” Newsweek, June 29, 2016; Maggie Zhang, “Fosun May Face Rough Weather over Ironshore Deal,” South China Morning Post, June 5, 2016. 215. Thilo Hanemann, “Don’t Misread Old Tealeaves: Chinese Investment and CFIUS,” Rhodium Group, February 24, 2016. 216. Thilo Hanemann, “Don’t Misread Old Tealeaves: Chinese Investment and CFIUS,” Rhodium Group, February 24, 2016.
87 217. Kane Wu, “Chinese Companies: The New Uninvited Guests in M&A,” Wall Street Journal, June 6, 2016. 218. Vipal Monga, “Wary Takeover Targets Wrest Fees, Guarantees from Chinese Suitors,” Wall Street Journal, May 23, 2016; Denny Thomas, “Chinese Pitch Big M&A Break-up Fees, Small Stakes to Allay U.S. Regulatory Fears,” Reuters, February 29, 2016. 219. National Committee on U.S.-China Relations and Rhodium Group, “New Neighbors: 2016 Update,” April 2016, 62. 220. Philippe Le Coore and Joel Backaler, “Why China’s M&A Engine May Be Sputtering,” Financial Times, April 20, 2016. 221. Philippe Le Coore and Joel Backaler, “Why China’s M&A Engine May Be Sputtering,” Financial Times, April 20, 2016. 222. Anne-Marie Roantree and Tuomas Forsell, “Konecranes-Terex Deal to Proceed as China’s Zoomlion Drops Rival Bid,” Reuters, May 27, 2016; Michael Moran, “Despite High Profile Failures, Chinese Firms Continue to Acquire and Invest in the US,” Forbes, May 26, 2016; Greg Roumeliotis and Matthew Miller, “China’s Anbang Abandons $14 Billion Bid to Buy Starwood Hotels,” Reuters, April 1, 2016; Cécile Daurat, “Origin Technologies Drops Affymetrix Offer after Being Rejected,” Bloomberg, March 28, 2016; Emily Wasserman, “Thermo Fisher Forges Ahead with $1.3B Affymetrix Deal after Rival Bid Rejected,” Fierce Medical Devices, March 21, 2016; Michael Flaherty and Arathy S. Nair, “Western Digital’s SanDisk Deal Re-Priced after China Deal Collapses,” Reuters, February 23, 2016; James Fontanella-Khan, “Fairchild Rejects $2.6bn Chinese Offer,” Financial Times, February 16, 2016; Allison Gatlin, “Micron Snubs Tsinghua, Favors Another Chinese Partnership: Analyst,” Investor’s Business Daily, February 16, 2016; Pan Kwan Yuk, “Terex Confirms $3.2 Billion Bid from China’s Zoomlion,” Financial Times, January 26, 2016; Elco Van Groningen, “Philips Scraps Lumileds Sale on U.S. Security Opposition,” Bloomberg, January 22, 2016; Kshitiz Goliya and Anya George Tharakan, “Chipmaker Pericom Rejects Montage’s Sweetened Bid,” Reuters, November 18, 2015; Chris Nolter, “Pericom Semi Rejects Montage Tech $430 Million Buyout; Diodes Wins out for Now,” The Street, October 27, 2015; and Liana B. Baker and Greg Roumeliotis, “Exclusive: Micron Does Not Believe Deal with Tsinghua Is Possible – Sources,” Reuters, July 21, 2015. 223. Felicia Schwartz and Mark Magnier, “U.S.-China Talks Limited by Disagreements,” Wall Street Journal, June 7, 2016. 224. David Dollar, “Emphasis on Dialogue over Deliverables at the U.S.-China S&ED,” Order from Chaos (Brookings Institution blog), June 1, 2016. 225. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue Joint U.S.-China Fact Sheet—Economic Track, June 7, 2016. 226. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue U.S. Fact Sheet—Economic Track, June 7, 2016. 227. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue U.S. Fact Sheet—Economic Track, June 7, 2016. 228. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue U.S. Fact Sheet—Economic Track, June 7, 2016. 229. U.S. Department of the Treasury, “Remarks by Treasury Secretary Lew at the 2016 U.S.-China Strategic and Economic Dialogue Joint Opening Session,” June 6, 2016. 230. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue U.S. Fact Sheet—Economic Track, June 7, 2016. 231. U.S. Department of the Treasury, 2016 U.S.-China Strategic and Economic Dialogue U.S. Fact Sheet—Economic Track, June 7, 2016. 232. Lingling Wei and Carolyn Cui, “China Takes Steps to Widen Access to Financial Markets,” Wall Street Journal, June 7, 2016. 233. Inside U.S. Trade—World Trade Online, “U.S., China Agree in S&E to Exchange Third BIT Offers in Mid-June,” June 7, 2016. 234. Inside U.S. Trade—World Trade Online, “Froman: China BIT Negative Offer Falls Short, But Talks to Continue,” July 6, 2016. 235. U.S. Department of State, Office of the Spokesperson, U.S.-China Strategic and Economic Dialogue Outcomes of the Strategic Track, June 7, 2016. 236. U.S. Department of State, Office of the Spokesperson, U.S.-China Strategic and Economic Dialogue Outcomes of the Strategic Track, June 7, 2016. 237. U.S. Department of State, Office of the Spokesperson, U.S.-China Strategic and Economic Dialogue Outcomes of the Strategic Track, June 7, 2016. 238. Lauren Gloudeman and Nargiza Salidjanova, “Policy Considerations for Negotiating a U.S.-China Bilateral Investment Treaty,” U.S.-China Economic and Security Review Commission, August 1, 2016. 239. Lauren Gloudeman and Nargiza Salidjanova, “Policy Considerations for Negotiating a U.S.-China Bilateral Investment Treaty,” U.S.-China Economic and Security
- Page 1:
USCC 2016 ANNUAL REPORT
- Page 5 and 6:
1 2016 REPORT TO CONGRESS of the U.
- Page 7 and 8:
U.S.-CHINA ECONOMIC AND SECURITY RE
- Page 9 and 10:
• The safety of food, drug, and o
- Page 11 and 12:
CONTENTS Page TRANSMITTAL LETTER TO
- Page 13:
IX Page Recommendations ...........
- Page 16 and 17:
2 ernment’s “going out” strat
- Page 18 and 19:
4 economically and politically stra
- Page 20 and 21:
6 wage rates are determined by free
- Page 22 and 23:
8 while allowing a greater role for
- Page 24 and 25:
10 began construction on its first
- Page 26 and 27:
12 from—the People’s Republic o
- Page 28 and 29:
14 cluding cyber and human intellig
- Page 30 and 31:
16 exporter of manufactured goods,
- Page 32 and 33:
18 Pakistan’s economic and securi
- Page 34 and 35:
20 Beijing appears to remain skepti
- Page 36 and 37:
22 trends in Hong Kong with regard
- Page 38 and 39:
24 UNSCR 2270. However, in May and
- Page 40 and 41:
26 Korea, designating Dandong Hongx
- Page 42 and 43:
28 tional order—both before and a
- Page 44 and 45:
30 to examine China’s economic an
- Page 46 and 47:
32 debt, and jeopardizing long-term
- Page 49 and 50: Introduction CHAPTER 1 U.S.-CHINA E
- Page 51 and 52: 37 Statistics with Chinese Characte
- Page 53 and 54: 39 up from 52.3 percent in the seco
- Page 55 and 56: 41 Early signs suggest President Xi
- Page 57 and 58: 43 Figure 4: China’s Total Debt b
- Page 59 and 60: 45 reserves to defend the RMB. 75 I
- Page 61 and 62: 47 The pace of U.S. export growth t
- Page 63 and 64: 49 The United States continued to r
- Page 65 and 66: 51 commitments, China has only take
- Page 67 and 68: 53 Table 3: Top Five Business Chall
- Page 69 and 70: 55 U.S. Tech Firms and Their Chines
- Page 71 and 72: 57 ment of Justice’s May 2014 ind
- Page 73 and 74: 59 Internet Censorship As a result
- Page 75 and 76: 61 on the future of U.S.-China rela
- Page 77 and 78: 63 Chapter 1, Section 2, “State-O
- Page 79 and 80: 65 Table 5: Failed Chinese Bids for
- Page 81 and 82: 67 • Accelerating Bilateral Inves
- Page 83 and 84: 69 cess capacity, which will share
- Page 85 and 86: 71 United States Challenges Chinese
- Page 87 and 88: 73 rulings of the DSB [Dispute Sett
- Page 89 and 90: 75 Conclusions • In 2015, the U.S
- Page 91 and 92: 77 Addendum I: WTO Cases Recent and
- Page 93 and 94: 79 ENDNOTES FOR SECTION 1 1. Lucy H
- Page 95 and 96: 81 55. Gabriel Wildau and Don Weinl
- Page 97 and 98: 83 119. American Chamber of Commerc
- Page 99: 85 and Espionage Operations, oral t
- Page 103 and 104: 89 271. Office of the U.S. Trade Re
- Page 105 and 106: dkrause on DSKHT7XVN1PROD with USCC
- Page 107 and 108: 93 Lardy, senior fellow at the Pete
- Page 109 and 110: dkrause on DSKHT7XVN1PROD with USCC
- Page 111 and 112: dkrause on DSKHT7XVN1PROD with USCC
- Page 113 and 114: 99 pany competitiveness and stimula
- Page 115 and 116: dkrause on DSKHT7XVN1PROD with USCC
- Page 117 and 118: dkrause on DSKHT7XVN1PROD with USCC
- Page 119 and 120: 105 Table 2: Select Chinese Overcap
- Page 121 and 122: 107 levels. 135 The situation is on
- Page 123 and 124: 109 Figure 5: China’s Monthly Cru
- Page 125 and 126: 111 Figure 6: U.S. Steel Industry Q
- Page 127 and 128: dkrause on DSKHT7XVN1PROD with USCC
- Page 129 and 130: dkrause on DSKHT7XVN1PROD with USCC
- Page 131 and 132: dkrause on DSKHT7XVN1PROD with USCC
- Page 133 and 134: dkrause on DSKHT7XVN1PROD with USCC
- Page 135 and 136: dkrause on DSKHT7XVN1PROD with USCC
- Page 137 and 138: 123 Addendum I: Section 15 of China
- Page 139 and 140: 125 Addendum II: AD and CVD Investi
- Page 141 and 142: dkrause on DSKHT7XVN1PROD with USCC
- Page 143 and 144: dkrause on DSKHT7XVN1PROD with USCC
- Page 145 and 146: dkrause on DSKHT7XVN1PROD with USCC
- Page 147 and 148: dkrause on DSKHT7XVN1PROD with USCC
- Page 149 and 150: dkrause on DSKHT7XVN1PROD with USCC
- Page 151 and 152:
dkrause on DSKHT7XVN1PROD with USCC
- Page 153 and 154:
dkrause on DSKHT7XVN1PROD with USCC
- Page 155 and 156:
141 dkrause on DSKHT7XVN1PROD with
- Page 157 and 158:
143 lifetime cost of bringing the e
- Page 159 and 160:
145 gets achieved). 57 Using satell
- Page 161 and 162:
147 cost of compliance,’’ and p
- Page 163 and 164:
dkrause on DSKHT7XVN1PROD with USCC
- Page 165 and 166:
151 boost the efficiency of China
- Page 167 and 168:
dkrause on DSKHT7XVN1PROD with USCC
- Page 169 and 170:
dkrause on DSKHT7XVN1PROD with USCC
- Page 171 and 172:
Table 1: 157 Chinese Attempted and
- Page 173 and 174:
Table 1: 159 Chinese Attempted and
- Page 175 and 176:
dkrause on DSKHT7XVN1PROD with USCC
- Page 177 and 178:
163 Figure 4: China’s Total Debt-
- Page 179 and 180:
dkrause on DSKHT7XVN1PROD with USCC
- Page 181 and 182:
dkrause on DSKHT7XVN1PROD with USCC
- Page 183 and 184:
dkrause on DSKHT7XVN1PROD with USCC
- Page 185 and 186:
dkrause on DSKHT7XVN1PROD with USCC
- Page 187 and 188:
173 weapons, opens the U.S. militar
- Page 189 and 190:
175 ests, and allow for greater vol
- Page 191 and 192:
177 Addendum I: Key Targets in Chin
- Page 193 and 194:
179 Addendum I: Key Targets in Chin
- Page 195 and 196:
dkrause on DSKHT7XVN1PROD with USCC
- Page 197 and 198:
dkrause on DSKHT7XVN1PROD with USCC
- Page 199 and 200:
dkrause on DSKHT7XVN1PROD with USCC
- Page 201 and 202:
dkrause on DSKHT7XVN1PROD with USCC
- Page 203 and 204:
dkrause on DSKHT7XVN1PROD with USCC
- Page 205 and 206:
dkrause on DSKHT7XVN1PROD with USCC
- Page 207 and 208:
dkrause on DSKHT7XVN1PROD with USCC
- Page 209 and 210:
195 The ultimate impact of the ruli
- Page 211 and 212:
197 Environmental Impact of China
- Page 213 and 214:
dkrause on DSKHT7XVN1PROD with USCC
- Page 215 and 216:
201 China’s Maritime Disputes in
- Page 217 and 218:
203 Reform and Reorganization of th
- Page 219 and 220:
dkrause on DSKHT7XVN1PROD with USCC
- Page 221 and 222:
207 • PLA Army Headquarters: Chin
- Page 223 and 224:
dkrause on DSKHT7XVN1PROD with USCC
- Page 225 and 226:
211 Figure 5: Type 072A Tank Landin
- Page 227 and 228:
dkrause on DSKHT7XVN1PROD with USCC
- Page 229 and 230:
215 Figure 7: JL-2 Missile Range Co
- Page 231 and 232:
dkrause on DSKHT7XVN1PROD with USCC
- Page 233 and 234:
dkrause on DSKHT7XVN1PROD with USCC
- Page 235 and 236:
221 Space-Tracking Facility in Arge
- Page 237 and 238:
223 Table 1: Significant PLA Bilate
- Page 239 and 240:
dkrause on DSKHT7XVN1PROD with USCC
- Page 241 and 242:
227 Nigeria will be the first expor
- Page 243 and 244:
dkrause on DSKHT7XVN1PROD with USCC
- Page 245 and 246:
231 tional annexes to the 2014 Noti
- Page 247 and 248:
233 Select U.S.-China Security-Rela
- Page 249 and 250:
dkrause on DSKHT7XVN1PROD with USCC
- Page 251 and 252:
dkrause on DSKHT7XVN1PROD with USCC
- Page 253 and 254:
dkrause on DSKHT7XVN1PROD with USCC
- Page 255 and 256:
dkrause on DSKHT7XVN1PROD with USCC
- Page 257 and 258:
dkrause on DSKHT7XVN1PROD with USCC
- Page 259 and 260:
dkrause on DSKHT7XVN1PROD with USCC
- Page 261 and 262:
dkrause on DSKHT7XVN1PROD with USCC
- Page 263 and 264:
dkrause on DSKHT7XVN1PROD with USCC
- Page 265 and 266:
dkrause on DSKHT7XVN1PROD with USCC
- Page 267 and 268:
dkrause on DSKHT7XVN1PROD with USCC
- Page 269 and 270:
dkrause on DSKHT7XVN1PROD with USCC
- Page 271 and 272:
257 China’s Core Interests—Cont
- Page 273 and 274:
259 guerrillas in Colombia and held
- Page 275 and 276:
dkrause on DSKHT7XVN1PROD with USCC
- Page 277 and 278:
dkrause on DSKHT7XVN1PROD with USCC
- Page 279 and 280:
dkrause on DSKHT7XVN1PROD with USCC
- Page 281 and 282:
dkrause on DSKHT7XVN1PROD with USCC
- Page 283 and 284:
dkrause on DSKHT7XVN1PROD with USCC
- Page 285 and 286:
271 stan. 109 In 2014, the PLA Air
- Page 287 and 288:
dkrause on DSKHT7XVN1PROD with USCC
- Page 289 and 290:
275 conflict Chinese expeditionary
- Page 291 and 292:
dkrause on DSKHT7XVN1PROD with USCC
- Page 293 and 294:
279 RECOMMENDATIONS Developments in
- Page 295 and 296:
dkrause on DSKHT7XVN1PROD with USCC
- Page 297 and 298:
dkrause on DSKHT7XVN1PROD with USCC
- Page 299 and 300:
dkrause on DSKHT7XVN1PROD with USCC
- Page 301 and 302:
dkrause on DSKHT7XVN1PROD with USCC
- Page 303 and 304:
SECTION 3: CHINESE INTELLIGENCE SER
- Page 305 and 306:
291 Strategic Support Force In Dece
- Page 307 and 308:
293 of advanced intelligence, surve
- Page 309 and 310:
295 tives, and sexual entrapment. 4
- Page 311 and 312:
297 information to a Chinese intell
- Page 313 and 314:
299 such as power transmission grid
- Page 315 and 316:
301 for transferring trade secrets
- Page 317 and 318:
303 nal U.S. discussions of issues
- Page 319 and 320:
305 ENDNOTES FOR SECTION 3 1. U.S.-
- Page 321 and 322:
307 29. U.S. Department of Justice,
- Page 323 and 324:
309 63. U.S. Department of Justice,
- Page 325:
311 106. Eric Holder, “Attorney G
- Page 328 and 329:
314 sure its own ambitions in South
- Page 330 and 331:
316 Chinese foreign direct investme
- Page 332 and 333:
318 • Pakistan: In 2015, China an
- Page 334 and 335:
320 India “Acts East” and Puts
- Page 336 and 337:
322 Counter Terrorism and Religious
- Page 338 and 339:
324 tivities of the Dalai Lama and
- Page 340 and 341:
326 incursions across the border fr
- Page 342 and 343:
328 conducive to sea lane protectio
- Page 344 and 345:
330 Karachi Port, that could eventu
- Page 346 and 347:
332 India and OBOR India has not en
- Page 348 and 349:
334 China’s Arms Sales to Pakista
- Page 350 and 351:
336 For China, the goals of CPEC ar
- Page 352 and 353:
338 according to Mr. Small, “The
- Page 354 and 355:
340 side the Treaty on the Non-Prol
- Page 356 and 357:
342 Facets of U.S.-India Defense Re
- Page 358 and 359:
344 of China, but has advocated for
- Page 360 and 361:
346 • Recent U.S.-China tensions
- Page 362 and 363:
348 24. Debasish Roy Chowdhury, “
- Page 364 and 365:
350 71. Jeff Smith, Cold Peace: Chi
- Page 366 and 367:
352 127. U.S.-China Economic and Se
- Page 368 and 369:
354 2016, 86; Andrew Small, The Chi
- Page 370 and 371:
dkrause on DSKHT7XVN1PROD with USCC
- Page 372 and 373:
358 Taiwan’s Economic Challenges
- Page 374 and 375:
dkrause on DSKHT7XVN1PROD with USCC
- Page 376 and 377:
dkrause on DSKHT7XVN1PROD with USCC
- Page 378 and 379:
364 agreements. 57 Since then, many
- Page 380 and 381:
366 $67.2 billion, comprising 25.4
- Page 382 and 383:
368 Foreign Direct Investment China
- Page 384 and 385:
370 is leading the initiative, have
- Page 386 and 387:
dkrause on DSKHT7XVN1PROD with USCC
- Page 388 and 389:
374 Taiwan and the 11-Dash Line The
- Page 390 and 391:
dkrause on DSKHT7XVN1PROD with USCC
- Page 392 and 393:
dkrause on DSKHT7XVN1PROD with USCC
- Page 394 and 395:
dkrause on DSKHT7XVN1PROD with USCC
- Page 396 and 397:
dkrause on DSKHT7XVN1PROD with USCC
- Page 398 and 399:
384 trade-based partner to an innov
- Page 400 and 401:
dkrause on DSKHT7XVN1PROD with USCC
- Page 402 and 403:
dkrause on DSKHT7XVN1PROD with USCC
- Page 404 and 405:
390 • China’s military moderniz
- Page 406 and 407:
dkrause on DSKHT7XVN1PROD with USCC
- Page 408 and 409:
dkrause on DSKHT7XVN1PROD with USCC
- Page 410 and 411:
dkrause on DSKHT7XVN1PROD with USCC
- Page 412 and 413:
dkrause on DSKHT7XVN1PROD with USCC
- Page 414 and 415:
dkrause on DSKHT7XVN1PROD with USCC
- Page 416 and 417:
dkrause on DSKHT7XVN1PROD with USCC
- Page 418 and 419:
dkrause on DSKHT7XVN1PROD with USCC
- Page 420 and 421:
dkrause on DSKHT7XVN1PROD with USCC
- Page 422 and 423:
dkrause on DSKHT7XVN1PROD with USCC
- Page 424 and 425:
410 Hong Kong’s Political Gossip
- Page 426 and 427:
dkrause on DSKHT7XVN1PROD with USCC
- Page 428 and 429:
414 moving up one place compared to
- Page 430 and 431:
dkrause on DSKHT7XVN1PROD with USCC
- Page 432 and 433:
418 Chinese Censorship of Prize-Win
- Page 434 and 435:
420 Hong Kong and the ‘‘Panama
- Page 436 and 437:
dkrause on DSKHT7XVN1PROD with USCC
- Page 438 and 439:
424 Table 1: Select PLA Hong Kong G
- Page 440 and 441:
dkrause on DSKHT7XVN1PROD with USCC
- Page 442 and 443:
428 sitive periods in Hong Kong, le
- Page 444 and 445:
dkrause on DSKHT7XVN1PROD with USCC
- Page 446 and 447:
dkrause on DSKHT7XVN1PROD with USCC
- Page 448 and 449:
dkrause on DSKHT7XVN1PROD with USCC
- Page 450 and 451:
436 150. Commission meeting with Ta
- Page 452 and 453:
dkrause on DSKHT7XVN1PROD with USCC
- Page 454 and 455:
dkrause on DSKHT7XVN1PROD with USCC
- Page 456 and 457:
442 Korea. The resolution also bans
- Page 458 and 459:
444 increase pressure on Pyongyang.
- Page 460 and 461:
446 pand China-South Korea ties. 54
- Page 462 and 463:
448 Technical Details of THAAD The
- Page 464 and 465:
dkrause on DSKHT7XVN1PROD with USCC
- Page 466 and 467:
dkrause on DSKHT7XVN1PROD with USCC
- Page 468 and 469:
dkrause on DSKHT7XVN1PROD with USCC
- Page 470 and 471:
456 Korea runs perpetual merchandis
- Page 472 and 473:
dkrause on DSKHT7XVN1PROD with USCC
- Page 474 and 475:
460 pressure is more likely to brin
- Page 476 and 477:
462 ty for sanctions violations, co
- Page 478 and 479:
dkrause on DSKHT7XVN1PROD with USCC
- Page 480 and 481:
dkrause on DSKHT7XVN1PROD with USCC
- Page 482 and 483:
dkrause on DSKHT7XVN1PROD with USCC
- Page 484 and 485:
dkrause on DSKHT7XVN1PROD with USCC
- Page 486 and 487:
dkrause on DSKHT7XVN1PROD with USCC
- Page 489 and 490:
dkrause on DSKHT7XVN1PROD with USCC
- Page 491 and 492:
dkrause on DSKHT7XVN1PROD with USCC
- Page 493 and 494:
479 sailors would be stationed in J
- Page 495 and 496:
dkrause on DSKHT7XVN1PROD with USCC
- Page 497 and 498:
dkrause on DSKHT7XVN1PROD with USCC
- Page 499 and 500:
485 Table 1: U.S. Goods Trade with
- Page 501 and 502:
dkrause on DSKHT7XVN1PROD with USCC
- Page 503 and 504:
489 basis for President Obama’s c
- Page 505 and 506:
dkrause on DSKHT7XVN1PROD with USCC
- Page 507 and 508:
dkrause on DSKHT7XVN1PROD with USCC
- Page 509 and 510:
dkrause on DSKHT7XVN1PROD with USCC
- Page 511 and 512:
dkrause on DSKHT7XVN1PROD with USCC
- Page 513 and 514:
dkrause on DSKHT7XVN1PROD with USCC
- Page 515 and 516:
dkrause on DSKHT7XVN1PROD with USCC
- Page 517 and 518:
dkrause on DSKHT7XVN1PROD with USCC
- Page 519 and 520:
dkrause on DSKHT7XVN1PROD with USCC
- Page 521 and 522:
dkrause on DSKHT7XVN1PROD with USCC
- Page 523 and 524:
dkrause on DSKHT7XVN1PROD with USCC
- Page 525 and 526:
dkrause on DSKHT7XVN1PROD with USCC
- Page 527 and 528:
dkrause on DSKHT7XVN1PROD with USCC
- Page 529 and 530:
dkrause on DSKHT7XVN1PROD with USCC
- Page 531 and 532:
dkrause on DSKHT7XVN1PROD with USCC
- Page 533 and 534:
dkrause on DSKHT7XVN1PROD with USCC
- Page 535 and 536:
dkrause on DSKHT7XVN1PROD with USCC
- Page 537 and 538:
dkrause on DSKHT7XVN1PROD with USCC
- Page 539 and 540:
APPENDIX II BACKGROUND OF COMMISSIO
- Page 541 and 542:
dkrause on DSKHT7XVN1PROD with USCC
- Page 543 and 544:
dkrause on DSKHT7XVN1PROD with USCC
- Page 545 and 546:
dkrause on DSKHT7XVN1PROD with USCC
- Page 547 and 548:
dkrause on DSKHT7XVN1PROD with USCC
- Page 549 and 550:
APPENDIX III PUBLIC HEARINGS OF THE
- Page 551 and 552:
537 June 9, 2016: Public Hearing on
- Page 553 and 554:
APPENDIX IIIA LIST OF WITNESSES TES
- Page 555 and 556:
541 Alphabetical Listing of Panelis
- Page 557 and 558:
APPENDIX IV LIST OF RESEARCH MATERI
- Page 559 and 560:
dkrause on DSKHT7XVN1PROD with USCC
- Page 561 and 562:
547 China’s Military Agreements w
- Page 563 and 564:
APPENDIX V ACRONYMS AND ABBREVIATIO
- Page 565 and 566:
551 OPM PBOC PLA PMI PPI PPP PRC QD
- Page 567:
553 2016 COMMISSION STAFF MICHAEL R