Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panels of Witnesses Today on the economic subcommittee focusing on a very important topic and i think theres a lot of bipartisan interest in and that is the economic geostrategic challenge with the rise of china poses for the United States not just today but in the future. The calmness party led peoples republic of china through unfair treatment practices and intellectual property theft market manipulation and very prominently in my view not reciprocal treatment not just in the economic realm but in many realms has been a force in the Global Economy that undercuts the resiliency of the u. S. Economy. Its been one of the worlds fastestgrowing economies averaging close to 10 growth from 1979 to 2015. In 2014 china overtook the United States as the Worlds Largest country in reducing power according to the International Monetary fund. I believe there is a strong bipartisan interest and hopefully we
Relationship, an issue that is getting a lot of attention these days. Senator warner has been at the forefront of china and has been a leader on the conversation related to Foreign Policy and National Security issues, both on china and his years of service in the senate. For those of you joining us for the very first time, u. S. I. P. Was founded by congress as a nonpartisan National Institute dedicated to working with partners around the world to prevent and resolve violent conflict. One of the things we do here in our headquarters in washington is to provide a space for conversation about the most critical Foreign Policy issues of the day, and i think the u. S. China relationship certainly qualifies. That is exactly what brings us together. We have seen over the past decade how china has shifted many of its policies, and become far more active in the international stage, particularly, it has invested heavily in countries and laid a much more active role regionally. We have seen this
Im not sure that they really realize that more people are going to be hurt by this, especially seniors who do not fall in that doughnut hole anymore. I fell in that with my husband who is terminally ill. Because we fell in that doughnut hole, a onemonth, we had to come up with 2000 for his medication to keep him alive. If we had the bill in play, i would not have had to come up with that money. You can imagine that 2000 out. F one months income yes, it was december. , january, we would have gotten a new start, but he had to have his medication. We had to let Something Else go, like the house payment of the car payment. I wanted to put that out there. Thank you. We go to maryland. Independent line. Caller hi. Im from baltimore. Im really upset. Shuts downrnment september 30, how will i pay for my bills . It is not fair to us that they are cutting everything, cutting my medical. I just got papers the other day. They are cutting my transportation and overthe counter medicine. It is not fa
The banking. That was the problem last time. But the problem had moved over to other parts of the system. I got you all just there was lisa whole robin in doha, reminder of our top news stories. Ukraine says it wont be intimidated by wave of Russian Missile strikes. At least 14 people are being killed and attacks around the country. Rushes, president says is in response to the attack on the crimea bridge. The u. N. Has joined the us near opinion and condemning the attacks ukraines ambassador to the un labeled russia, a terrorist state of the general assembly. Today terry sasha, spelled the capital city of ki if and many other ukrainian cities throughout the country with at least 80 for me, styles into doesnt you, ab energy facilities, residential buildings, schools and universities, museums and crossroads in the city centers where among the target, the Russian Defense Ministry Later declare a legitimate they are Refugee Agency says armed conflict, human rights abuses and Global Warming