05/01/2023
https://www.congress.gov...
"There is no question that one of our biggest foreign policy challenges is getting the relationship between the United States and China, and the rebalance to the Asia-Pacific, right."
"The bottom line is that there are reasons for hope, but there are also reasons for pessimism."
"Will China become a trade partner committed to the enforcement of international law, or will we see 19th-century mercantilist behavior and the flouting of international norms?"
"high levels of mortgage and other debt have caused consumers to defer expenses, cut back on other spending"