China’s Financial System and Monetary Policies: The Impact on U.S. Exchange Rates, Capital Markets, and Interest Rates
Hearing Co-chairs: Chairman Larry Wortzel and Commissioner Patrick Mulloy
August 22, 2006
385 Russell Senate Office Building
Delaware & Constitution Avenues, NE
Washington, DC 20510
Opening Statements
Panel I – The Condition of China’s Financial System
- Mr. Gordon Chang, Author, Bedminster, NJ (PDF)
- Mr. Michael Petit, Managing Director, Credit Market Services, Standard and Poor’s, Tokyo, Japan (PDF)
- Dr. Kellee Tsai, Associate Professor, Department of Political Science, Johns Hopkins University, Baltimore, MD (HTML) (PDF)
Panel II – China’s WTO Financial Sector Commitments
- Mr. Steve Judge, Senior Vice President Government Affairs, Securities Industry Association, New York, NY (HTML) (PDF)
- Ms. Vickie Tillman, Executive Vice President, Credit Market Services, Standard & Poor’s, New York, NY (PDF)
- Mr. John Dearie, Senior Vice President for Policy and Research, The Financial Services Forum, Washington, DC (HTML) (PDF)
Panel III – China’s Monetary Policy, Capital Controls, and Exchange Rates
- Dr. Ronald McKinnon, William D. Eberle Professor of International Economics, Stanford University, Stanford, CA (HTML) (PDF)
- Dr. Bradley Setser, Head of Global Research and Senior Economist, Roubini Global Economics, New York, NY (HTML) (PDF)
- Dr. C. Fred Bergsten, Director, Institute for International Economics, Washington, DC
Panel IV – The Macroeconomic Impact of Chinese Financial Policies on the United States
- Dr. Peter Morici, Professor of International Business, University of Maryland, College Park, MD (HTML) (PDF)
- Dr. James Dorn, Vice President of Academic Affairs, The CATO Institute, Washington, DC (HTML) (PDF)
- Dr. Phillip Swagel, Resident Scholar, AEI, Washington, DC
Statement for the Record
- Francis E. Warnock (PDF)