The China Balance Sheet Project Advisory Committee

We have been fortunate to be able to draw on the extensive knowledge of a remarkable group of experts on China and US-China relations, repre- senting a range of perspectives. Many of these advisers participated in brainstorming meetings or provided comments on draft versions of this volume, and we are deeply grateful for their guidance and support. How- ever, the findings and opinions expressed in this book solely reflect those of the authors. They do not necessarily represent the views of our advisers or other supporters. Among those from whom we solicited views are:

William Alford, Harvard University Law School Jonathan Anderson, UBS Investment Bank Jeffrey Bader, Brookings Institution Charlene Barshefsky, WilmerHale Doug Bereuter, The Asia Foundation Samuel Berger, Stonebridge International, LLC Dennis Blair, National Bureau of Asian Research Pieter Bottelier, School of Advanced International Studies Richard Bush, Brookings Institution Kurt Campbell, Center for a New American Security Richard Cooper, Harvard University Bruce Dickson, George Washington University Thomas Donilon, O’Melveny & Myers, LLP Michael Dooley, University of California Robert Ebel, Center for Strategic and International Studies Elizabeth Economy, Council on Foreign Relations James Feinerman, Georgetown University William Ferguson, Citigroup 256 CHINA’S RISE

Joseph Fewsmith, Boston University David Finkelstein, CNA Charles Freeman, Center for Strategic and International Studies Michael Gadbaw, General Electric Company, retd. Paul Gewirtz, Yale University Bonnie Glaser, Center for Strategic and International Studies Morris Goldstein, Peterson Institute for International Economics Michael Goltzman, The Coca-Cola Company Thomas Gottschalk, Kirkland & Ellis, LLP Maurice Greenberg, C.V. Starr & Company, Inc. Scott Hallford, Federal Express Carol Lee Hamrin, Global China Center Harry Harding, George Washington University Benjamin Heineman, Harvard Law School David Henson, Caterpillar Inc. Carla Hills, Hills & Company Richard Holbrooke, Perseus, LLC Jamie Horsley, Yale University Janet Howard, The Coca-Cola Company Richard Jackson, Center for Strategic and International Studies L. Oakley Johnson, American International Group Inc. James Kelly, Center for Strategic and International Studies Henry Kissinger, Center for Strategic and International Studies William Lane, Caterpillar Inc. Lawrence Lau, Chinese University of Hong Kong Malcolm Lee, Microsoft China Cheng Li, Hamilton College Kenneth Lieberthal, University of Michigan James Lilley, former US Ambassador to China Xiaobo Lu, Columbia University Keith Maskus, University of Colorado at Boulder Michael McDevitt, CNA William McDonough, Merrill Lynch & Co., Inc. Carola McGiffert, Center for Strategic and International Studies Eric McVadon, Institute for Foreign Policy Analysis Evan Medeiros, RAND Corporation R. Scott Miller, Procter & Gamble T. James Min, DHL Express G. Mustafa Mohatarem, General Motors Corporation Peter Morici, University of Maryland James Mulvenon, Center for Intelligence Research and Analysis Kevin Nealer, Scowcroft Group Paul Neureiter, ACE USA Matt Niemeyer, ACE USA Marcus Noland, Peterson Institute for International Economics ADVISORY COMMITTEE 257

Minxin Pei, Carnegie Endowment for International Peace Dwight Perkins, Harvard University Ernest Preeg, Manufacturers Alliance Clyde Prestowitz, Economic Strategy Institute Jean Pritchard, The Boeing Company Thomas Rawski, University of Pittsburgh William Reinsch, National Foreign Trade Council, Inc. Stephen Roach, Morgan Stanley Alan Romberg, Henry L. Stimson Center Daniel Rosen, Rhodium Group J. Stapleton Roy, Kissinger Associates, Inc. Scott Rozelle, Stanford University James Sasser, Former Ambassador to China Phillip Saunders, National Defense University Randy Schriver, Armitage International Elizabeth Nash Schwartz, The Boeing Company Jeffrey Shafer, Citigroup David Shambaugh, George Washington University Anne Solomon, Center for Strategic and International Studies Michael Swaine, Carnegie Endowment for International Peace Murray Scot Tanner, Consultant Frederick Telling, Pfizer, Inc. Anne Thurston, School of Advanced International Studies Jennifer Turner, Woodrow Wilson International Center for Scholars Arthur Waldron, University of Pennsylvania Stephen Yates, DC Asia Advisory, LLC Shirley Zebroski, General Motors Corporation