China Analysis.

Publication: Finance Wire

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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW

LIZ CLAMAN, CNBC ANCHOR: U.S. and Chinese officials are meeting this week at the U.S-China Joint Economic Commission. Treasury Secretary John Snow, among others, is trying to win be more access to China`s economy. But some say China poses more of a threat to the U.S. economy than we even realize. William Hawkins is senior fellow with the U.S. Business and Industry Council. He says we ought to watch out for China. But Arvin Suchdeva, chief investment officer with Victory Capital Management says the U.S. stands to benefit overall from China`s booming economy.

Thank you for joining us, both.

WILLIAM HAWKINS, SENIOR FELLOW, U.S. BUSINESS AND INDUSTRY COUNCIL: Glad to be here.

CLAMAN: Watch out for what, Mr. Hawkins? What are you worried about?

HAWKINS: Well, I see a three-step process here. What I deal with every day is at the U.S. Business and Industry Council are small, medium-sized American companies who create jobs, good jobs, are also very key to innovation over time being clobbered by Chinese competition. And that`s being driven by their customers, the larger firms, the brand name companies who are moving...

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