Weekend Reading: USCC Testimony

Ashby Monk

The U.S.-China Economic and Security Review Commission held a hearing yesterday on “U.S. Debt to China: Implications and Repercussions.” Commissioner Michael R. Wessel framed the discussion as follows, “…we’ll find out whose problem it is when the U.S. owes China – our banker – as much as $1.5 trillion.” Readers of this blog will recognize that this is a topic I’m interested in; i.e. what the current “symbiotic” US-China economic relationship means for global economic geography and geopolitics.

As such, I’m going to spend the weekend reading testimony from Mr. Clyde V. Prestowitz, Dr. Simon Johnson, Dr. Derek Scissors, Mr. Leo Hindery, Jr., Dr. Eswar Prasad and Dr. Daniel W. Drezner. From a quick scan of the speeches, I can see that that latter three talk (a bit) about China’s SWFs (in case that’s your only interest here).

In addition, since this ‘weekend reading’ is focused on China, I’m going to spend some time staring at this lovely map.

Have a nice weekend.

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This website is a project of Professor Gordon L. Clark and Dr. Ashby Monk of the School of Geography and the Environment at the University of Oxford. Their research on sovereign wealth funds is funded by the Leverhulme Trust and The Rotman International Centre for Pension Management.

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