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January 2021 e-Newsletter
IN THE SPOTLIGHT
Jacob Lew to Chair National Committee on U.S.-China Relations
 
Former Treasury Secretary Jacob J. Lew has been named chair of the board of directors of the National Committee on U.S.-China Relations. After nineteen years of dedicated service as chair, Ambassador Carla A. Hills will become honorary chair and remain on the board. Secretary Lew is the tenth chair of NCUSCR, and is the fourth former cabinet member and the second treasury secretary to serve in that role.

“The manner in which America and China conduct their security, economic, and political relationships in the coming years will have a profound impact on the policy dynamics of the entire global community,” Secretary Lew said. “By educating leaders and creating opportunities for dialogue, the National Committee will play an important role in helping the two countries navigate this critical period in their relationship. It is an honor to succeed Carla Hills, who served so ably for almost two decades as chair of NCUSCR.”

Visit our website for details.
UPCOMING EVENTS
China was the first major global economy to show a strong recovery after bringing COVID-19 under control, and Nomura and China International Capital Corporation put China's 2021 GDP growth at nine percent, setting a possible course to overtake the United States as the world's largest economy by 2028. Is China's outlook indeed this bullish? What are potential obstacles Beijing could face from a poor global economy or domestic challenges, such as weak consumption and ongoing tensions between the state and private sectors? How will tariffs, trade imbalances, and geopolitics affect China’s economic prospects? 

Join the National Committee, in partnership with Peking University’s National School of Development, on February 2 at 7:00 p.m. EST, for a virtual program with Dr. Hu Yifan, Dr. Huang Yiping, and Dr. Yao Yang, forecasting China's economic prospects for the coming year. Topics include: 
  • China’s growth trajectory in 2021 and beyond
  • The impact of the COVID-19 pandemic on the Chinese and global markets
  • Progress and challenges in structural reform; China’s expected reforms in 2021
  • Developments and challenges in the private sector 
  • Cross-border capital flows and U.S.-China trade frictions
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IN MEMORIAM
It is with profound sadness that the National Committee marks the passing on December 20 of Dr. Ezra Vogela treasured friend, renowned scholar, and one of the earliest members of the National Committee, as well as a board member and vice chair. Dr. Vogel was incredibly knowledgeable and passionate about many things, especially U.S.-China relations, U.S.-Japan relations, and Sino-Japanese relations. He was universally respected for his scholarship in those areas, and for his unwavering commitment and many contributions toward making all three of those relationships stronger and more stable. He was even more universally admired for his warmth, generosity, humor, and deep commitment to nurturing the younger generation of scholars. More about Dr. Ezra Vogel can be found on our website.
TRACK II DIALOGUES
The U.S.-China Track II Dialogue on the Digital Economy virtually convened leading experts and business leaders on December 2 and 3 to explore key issues and developments in the digital economy sector. The American delegation was led by NCUSCR Director, Admiral Dennis Blair, and former Secretary of Homeland Security Michael Chertoff; the Chinese delegation was led by Major General Hao Yeli (ret.), chair of the Guanchao Cyber Forum. The dialogue focused on topics including digital economic relations, global supply chains, and core technologies, such as semiconductors. As with past dialogues, the two delegations will collaborate on a consensus agreement to be shared with policymakers on both sides.
The U.S-China Track II Dialogue on Maritime Issues and International Law was held virtually on December 15 and 16. The American and Chinese delegations of legal and geopolitical experts were led by NCUSCR President Stephen Orlins and Dr. Wu Shicun, president of the National Institute for South China Sea Studies (NISCSS), respectively. The discussions focused on possible developments in maritime relations under the Biden administration, processes that could help alleviate maritime disputes, and ways to reduce tensions by developing areas for maritime cooperation. The dialogue participants are developing a framework for managing maritime issues that will be shared with policymakers on both sides of the Pacific.
Prominent American and Chinese economists and business leaders virtually convened for the 22nd round of the U.S.-China Track II Economic Dialogue on December 9 and 10. Discussions by the U.S. and Chinese delegations, led by NCUSCR Chair Ambassador Carla A. Hills and Dr. Qin Xiao, former chair of China Merchants Group, focused on post COVID-19 economic prospects, bilateral economic relations under the Biden administration, and steps that could help rebuild mutual trust and reverse decoupling concerns. Participants will collaborate on a consensus agreement and recommendations for American and Chinese policymakers.
VIRTUAL EVENTS
Four former U.S. governors joined the National Committee and the U.S. Heartland China Association (USHCA) for a probing discussion of the ways that U.S.-China relations affect American businesses and institutions at the state level. The discussion among USHCA CEO and former Missouri Governor Bob Holden, with former governors Jon Huntsman, Jr. (Utah), Gary Locke (Washington), and Rick Snyder (Michigan), explored the consequences of bilateral tensions on their respective states, and how revitalizing subnational relationships and cooperation could help improve relations between the two countries. 

Event video I  Event podcast
Recent developments in Hong Kong have intensified international attention on the strained “One Country, Two Systems” framework and led to speculation about what effect the new Biden administration may have on the evolving situation there. On December 17, the National Committee held a virtual event with Ambassador Kurt Tong and Ms. Christine Loh to discuss the latest developments in Hong Kong and implications for U.S.-Hong Kong and U.S.-China relations.

Event video I  Event podcast
BOOK EVENTS
Where Great Powers Meet
 
Renowned China scholar Professor David Shambaugh looks at the geopolitical future of Southeast Asia amidst the possibility of renewed great power competition in the region in his book, Where Great Powers Meet. He discusses the book and more at a recent NCUSCR virtual event.
 
China’s Fintech Explosion
 
Economist and China’s Fintech Explosion author Sara Hsu analyzes the risks, rewards, and impact of the financial technology industry in China and beyond, in an interview with National Committee President Stephen Orlins.
 
China as a Twenty First Century Naval Power
 
In China as a Twenty First Century Naval Power, retired U.S. Navy Rear Admiral Michael McDevitt examines the growth of the PLA Navy en route to meeting China’s goal of becoming a great maritime power by 2035. He discusses the book at a virtual event with NCUSCR President Stephen Orlins.
 
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DIGITAL MEDIA
Taiwan Outlook: 2021
 
A successful pandemic response helped reshape Taiwan’s image in 2020. Could a new U.S. administration further change the island’s prospects in 2021? Seton Hall University law professor and Taiwan expert Margaret Lewis explores the possibilities for U.S.-Taiwan relations, as well as the key issues affecting the Taiwan government’s domestic and global standing.

Watch the 6-minute interview | Listen to the podcast
World Fisheries: Sharing a Resource at Risk
 
The United States and China are key drivers of the $150 billion wild seafood industry. Tabitha Mallory, founder and CEO of the China Ocean Institute, discusses how China and the United States contribute to both the problems and solutions for conserving this valuable and vulnerable common resource.

Watch the 7-minute interview | Listen to the podcast
Hollywood Production and Chinese Investment in the Post-COVID Era [Chinese Subtitled]
 
Aynne Kokas, author of best-seller Hollywood Made in China, discusses the outsourcing of Hollywood production to foreign countries in the COVID era, and the impact of the potential WeChat ban on investment in Hollywood movies from Chinese technology companies.

Watch the 2-minute clip on Bilibili
CHINA Town Hall 2020 Chinese Resource Page
 
Click here to view the CHINA Town Hall full Chinese resource page with speaker bios, Chinese-subtitled full program videos, and selected short clips.

For more information, visit our official Weibo: @美中关系全国委员会NCUSCR
 
PROGRAM NEWS
Discussing U.S.-China Relations at the Local Level
Schwarzman Scholars and alumni convened to learn about ways to challenge common misconceptions about Sino-American relations and to promote U.S.-China engagement on the local level, at a virtual program on December 9. Speakers Anna Ashton (U.S.-China Business Council), Dr. Yang Luo Branch (Arkansas Association of Asian Businesses), and Jeff Peters (Oklahoma State Senate) joined NCUSCR Schwarzman Scholar Fellow Christopher Sperazza and Program Officer Clarinda Blais for a discussion that included personal accounts of speakers' interactions with China-related topics in their work.
Congressional Member Briefing
As Congress prepares to begin its new session, top experts Robert Daly (Wilson Center and NCUSCR Director) and Yun Sun (Stimson Center and NCUSCR Public Intellectuals Program fellow) joined the National Committee for a closed-door briefing with Members of Congress, several of whom had joined past NCUSCR-led delegations to China, on U.S. policy options and objectives toward China, as well as China’s interests and constraints.
Congressional Staff Monthly Briefing
As part of its monthly briefing series with senior Congressional staff, the National Committee invited experts Phillip Saunders (National Defense University and Public Intellectuals Program fellow) and Dana “Kim” Fassler (USINDOPACOM) to discuss the current state of U.S.-China military relations, particularly with regard to Taiwan, the South China Sea, freedom of navigation operations, and other areas of friction. The experts provided Congressional staff with policy recommendations concerning how the United States can balance the need to protect its own security interests with openness in trade, investment, and innovation.
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The National Committee on United States-China Relations is the leading American, non-partisan public affairs organization devoted exclusively to building constructive and durable relationships between the United States and Greater China. The Committee creates opportunities for informed discussion and reasoned debate about the issues of common interest and concern to the United States, mainland China, Hong Kong, and Taiwan.
© 2021 National Committee on United States-China Relations, Inc.