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Geostrategic challenge with the rise of china poses for the United States, not just today but in the future. The communist party led people were public of china through unfair trade practices, intellectual property theft, market manipulation and very prominently, in my view, nonreciprocal treatment, not just in the economic round but in many realms i has been a fore in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds fastestgrowing economies averaging close to 10 growth from 19792015. In 2014 china overtook the United States ass the Worlds Largest economy purchasing power parity basis according to the International Monetary fund. I believ ....
Good morning. This hearing will now come to order. I am pleased to welcome our distinguished panel of Witnesses Today is the economic and security subcommittee. He focuses on the very important topic that i think has a lot of bipartisan interest in. And that is the economic and geostrategic challenge that the rise of china poses for the United States. Much as today, but in the future. China, communist party, Peoples Republic Party of china. Unfair trade practices, intellectual property theft and market manipulation and very prominently in my view, m nonreciprocal treatment. Not just an economic room but in many realms. It has been a force in the Global Economy that undercuts the resiliency and strength of the u. S. Economy. China has been one of the worlds < ....
Of these, 43,000 were badly hurt. The city was unbelievably crushed. Of its 90,000 buildings, over 60,000 were demolished. The desolate remains were aptly described as vapor and ashes. Man had torn from nature one of her innermost secrets. And with his newfound knowledge he had fashioned an instrument of annihilation. Menacing implications of this extraordinary weapon were frightening to everyday people. What did you think of that japs,as dropped on the mrs. Glenn . Terrible. All of those people killed. Three days later, another b29 dropped an improved bomb on the seaport of nagasaki. A highly congested industrialized city boasting the best natural harbor in western kyushu. And extensive naval facilities. [explosion] this bomb, exploding over the north factory district, took the lives of 42,000 persons. And injured 40,000 more. It destroyed 39 of all of the buildings in nagasaki before the calamity. The japanese described their mutilated city as a graveyard, with not a tombstone standi ....
I think there is another reason to look back at potsdam, as we are reentering a world of Great Power Competition and reentering a world where geopolitics seems to have come back to the fore of International Relations thinking. So it is well worth us coming back to this subject. I am glad to have a chance to talk to you about it. I wish it was in person in kansas city. I wish that we were able to do this facetoface, but we will do the very best that we can. The key thing here that i want to return to throughout this presentation is shown by this photograph here of Winston Churchill, harry truman, and Joseph Stalin smiling and shaking hands. And the point that i really want to reiterate here is that these three men and most of the advisors around t ....
So excited to be here today with two of my personal heroes. You know i always think about as a mother of five young children, three boys that someone mustve really thunk these words when these boys were young men that freedom is not free because they have taken at the heart. Two of the true heroes on the topic of battling the marxism that has been dated our society today, sadly, i just could not be in the presence of two greater warriors on the topic. And they are not johnnycomelatelys on this topic. These gentlemen have been battling this topic their entire careers. Really their entire lives. Both sacrificed greatly, as i like to quote with their lives in military service and then decided that wasnt quite enough to give up for a country that they wanted to then go even further and to give the gift of their time and their talents and their sacrifice and our congress fighting on the issue of fighting communism, hiding the ccp. Im going to tell you is the wife of a former senator from mi ....