On the recordMay 23, 2000
What a travesty it is that what we have got, and this is as I have repeated in that debate several times, the essence of what is being decided is whether or not major businessmen in the United States can invest in building manufacturing facilities in Communist China, while what they do when they build these manufacturing capabilities in China, these manufacturing centers, they have to go into business, they have to go into business with a Chinese partner. Who is that Chinese partner? More often than not, the Chinese partner is the People's Liberation Army. Thus we are providing the capital through the American taxpayer, subsidizing the loans that these businessmen get, guaranteeing the loans so that people will give them the loans they need to create these manufacturing jobs, manufacturing centers in Communist China.
Source
govinfo.gov




