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The u. S. And China EconomicSecurity Review Commission held a hearing to examine the current relations between the United States and china. This portion event included a Panel Discussion looking at chinas relationship with taiwan and hong kong. This is one hour and 40 minutes. Good afternoon. Id like to welcome our third panel that will explore relationships we will start with miss ms. Bonnie glaser shes published wildly in academic journals. As well as Media Outlets. And we will hear from dr. Lin. Her commentary on the political economy of Greater China appears in english and chinese media. And we will also hear from dr. Hui. She is written on ....
French election with a decisive win over Marine Le Pen. Rishaad right, we are looking at what is going on when it comes to trade numbers out of china. They should be out in the next hour, about 35 billion, the surplus there, giving us an idea of what is going on with the Global Economy and domestic demand, the intrinsic point for the chinese economy as we see this rebalancing taking place. Seeping out of the country, but it feels like these capital controls are working. Haidi some pretty jerked capital controls. Draconian pretty capital controls. We did see that in the fx reserves. 8392, that pulls together these stories, the yuan stabilizing, the spot rate, and then the monthly foreignexchange reserves. Around 3ll sitting trillion, but that number was much better than what economists were in, but does reflect a capitaluan, stricter controls but stopped money from leaving the ....
Ask you to check that the various mobile devices have been silenced or turned off as we prepare to begin. For everyone inhouse there will be a slight shift in the program agenda. Our keynote will now follow our first panel, but it will also occur before the break that is scheduled before the second panel. So, opening our discussion today will be dr. Lee edwards, distinguished fellow and conservative thought here at the Heritage Foundation. Please join me in welcoming dr. Edwards. [applause] good afternoon, ladies and gentlemen. And welcome to the Heritage Foundation. We thank you so much for coming out today. August is something of a slow month in washington, dc, and were so pleased that we could attract some of this Towns Limited attention to the matter of u. S. Taiwan relations. And i extend a warm welcome to ....
Im sure this is not a wakeup call. Good afternoon, ladies and gentlemen, president lee, honorable guests and distinguished speaker. On behalf of the Taiwan Benevolent Association of america, thank you Heritage Foundation for this opportunity to be the cosponsor of this forum. This forum we hope through this forum we are not only reinforce relationship between United States of america and republic of china but also we can have the people of the two countries to understand to build better relationship than ever. So this is my very short speech, and i thank you for your comment and thank you for your support. Enjoy this afternoon. Thank you. [applause] and also like to introduce another cohost, organizer, in ita institute of taiwan and american studies. [applause] now were going to start the panel and tal ....