Good afternoon and welcome once again to Garrett Hall and the University of Virginia's Frank Baton School. Today we continue our discussion of crucial international challenges ahead for the United States policy makers. We're very fortunate to have as our clean-up hitter for this portion of the course, the leader of the Batten School, Harry Harding. Harry Harding is the founding dean of the school. Under his leadership and guided by his vision, we have grown in just 5 years from a proposal, then to a staff of 3 with 20 students in a temporary hospital building over on Hospital Drive. To a still-growing school of 250 students, several dozen faculty, and our fine, fine home here at the heart of grounds. Harry has shown great leadership and great courage in forging ahead to build the school under challenging circumstances. Dean Harding speaks to us today about the most important international relationship for the century ahead, US China relations. He brings decades of experience as a graduate of Princeton University with his Doctorate from Stanford, as an adviser to policy makers and Presidents on China. And as former head of George Washington University's Elliot School of International Affairs. I encourage you, as he speaks, to think about how far the US-China relationship has come during his career and mine. From no diplomatic relations to the complex interdependent relationship today between the American and Chinese governments and our citizens. If the future is anything like the past, we can imagine the profound changes Dean Harding has experienced in this key relationship to continue. We're lucky to have Dean Harding here with us to enlighten us about the course of his journey. Please join me in welcoming Dean Harry Harding. [APPLAUSE] >> Thank you, Jerry. Thank you Jerry, for that very nice introduction. Good afternoon, everyone. It is a great pleasure for me to be a part of this course on the major policy challenges in the 21st century. And indeed, managing the relationship between the United States and China will be one of the most significant policy challenges of the 21st century. It'll be a challenge because the relationship is both important and complicated. Managing the relationship will affect, not just the two countries involved, but many other countries in the Asia Pacific region and around the world. Managing the resp, the relationship will be the responsibility of both countries, China and the United States. And today I want to give a little indication of what I think the nature of those challenges will be. And offer some suggestions about how the relationship might be managed constructively.