MEDIA PACKAGE: Select Committee on CCP Holds Hearing - "From High Tech to Heavy Steel: Combatting the PRC's Strategy to Dominate Semiconductors, Shipbuilding and Drones"
WASHINGTON, D.C.- The House Select Committee on the Chinese Communist Party held a hearing this morning titled "From High Tech to Heavy Steel: Combatting the PRC's Strategy to Dominate Semiconductors, Shipbuilding and Drones." Witnesses included Mr. Adam Bry, Founder and Chief Executive Officer, Skydio, Dr. Chris Miller, Professor at Fletcher School at Tufts University, Nonresident Senior Fellow at the American Enterprise Institute and Mr. Scott Paul, President, Alliance for American Manufacturing.
Watch highlights from the hearing below.
Video & B-roll for public broadcast and distribution is available HERE
(Email sccpressteam@mail.house.gov for passcode to access media. All media is permissible to use in any format)
Chairman John Moolenaar:
“What our witnesses have just attested to is the CCP’s go-to strategy:
Building government subsidized monopolies… then dumping overcapacity on global markets to tank prices and drive competitors out of the market, all in the service of the CCP’s interest.”
Click HERE for Chairman Moolenaar's opening remarks as prepared for delivery.
Ranking Member Raja Krishnamoorthi:
“In 1975, we were the world’s number one shipbuilder.
Now, we don’t even produce 1 percent of the world’s large oceangoing vessels. For every 359 large container ships China builds, we are building 1.”
Mr. Adam Bry, Chief Executive Officer, Skydio:
“We are having this discussion at a critical moment for the drone industry and an inflection point in artificial intelligence. Both of these technologies are at the center of our national security and our competition with China.”
Read Mr. Bry's testimony HERE.
Dr. Chris Miller, Professor at Fletcher School at Tufts University, Nonresident Senior Fellow at the American Enterprise Institute, explains the importance of semiconductors to the U.S.-China competition:
“Whether its toys or tractors, whether its ships or drones, whether its military systems or automobiles, we rely more and more on foundational chips to undertake absolutely critical functions.”
Read Dr. Miller's testimony HERE.
Mr. Scott Paul, President, Alliance for American Manufacturing:
“China’s shipbuilding capacity is 232 times greater than our own. This has significant implications for our national security."
Reader Mr. Paul's testimony HERE.
Rep. Rob Wittman (R-VA):
“[For] the base components in chip manufacturing… China controls 100% of the world’s source of gallium, 96% of the world’s germanium… We have done nothing in the realm of extraction and refinement of rare earth elements. We are whistling past the graveyard on this.”