CIS/Index
Copyright © 2000, Congressional Information
Service, Inc.
00 CIS H 27134
TITLE:
PNTR: Opening the World's Biggest Potential Market to American
Financial Services Competition
CIS-NO: 2000-H271-34
SOURCE:
Committee on Commerce. House
DOC-TYPE: Hearing Retrieve
the full text of testimony
DATE: May 23, 2000
LENGTH:
iii+59 p. il.
CONG-SESS: 106-2
ITEM-NO: 1019-A-01;
1019-B-01
SUDOC: Y4.C73/8:106-102
CIS DOCUMENT ON DEMAND:
1-800-227-2477 (Full Text Reproductions)
GPO-STOCK-NO:
552-070-25578-8.
SUMMARY:
Committee Serial No.
106-102. Hearing before the Subcom on Finance and Hazardous Materials to examine
proposed granting of permanent normal trade relations (PNTR)
status to Chinese products, in connection with pending accession by China to
membership in the World Trade Organization (WTO).
Focuses on
implications of China PNTR status for the U.S. financial
services industry.
CONTENT-NOTATION: China trade
relations permanent status, US financial services industry implications
DESCRIPTORS:
SUBCOM ON
FINANCE AND HAZARDOUS MATERIALS. HOUSE; CHINA, PEOPLE'S REPUBLIC; TARIFFS;
FOREIGN ECONOMIC RELATIONS; BANKS AND BANKING; INSURANCE COMPANIES; SECURITIES;
WORLD TRADE ORGANIZATION
00-H271-34 TESTIMONY NO: 1
May 23, 2000 p. 4-59
WITNESSES (and witness notations):
NEWHOUSE, STEPHAN F. (Managing Director and Vice Chairman,
Institutional Securities and Investment Banking Group, Morgan Stanley Dean
Witter)
WHITTAKER, JAMES S. (Director, International
Public Policy, Hewlett-Packard Co.; representing U.S. High-Tech Industry
Coalition on China)
VALKO, CYNTHIA Y. (Executive Vice
President, New York Life International, Inc)
WATKINS,
JESSE J. (Managing Director, Herbert L. Jamison and Co.; representing Council of
Insurance Agents and Brokers)
YINGLING, EDWARD L. (Deputy
Executive Vice President and Executive Director, Government Relations, American
Bankers Association)
MASTEL, GREG (Director, Global
Economic Policy Project, New America Foundation)
STATEMENTS AND
DISCUSSION:
Support for PNTR status for
China, in light of anticipated benefits of China WTO membership for U.S.
financial services and high technology industries (related charts, graphs, p.
15-33); issues relating to China WTO membership (related article, p. 50-52).
CONTENT NOTATION:
China trade relations
permanent status, US financial services industry implications
TESTIMONY DESCRIPTORS:
NEW YORK LIFE INSURANCE CO.;
STATISTICAL DATA: FOREIGN TRADE; STATISTICAL DATA: COMMUNICATIONS AND
TRANSPORTATION
LOAD-DATE: October 30, 2000
