We have before us, really, two competing economic systems that are playing out essentially. We have our system, which has a very high view of the individual, free people making free decisions within a free market. That is the great strength of the American system. We show great deference and great respect to the free market on balance. China, however, is in some sort of transition right now, where they've not had that high view of the individual. They've not had that high view of the free market, and they're beginning this process of more or less dabbling in it. This is the call for them to stop the dabbling, as it relates to the financial services sector, and to fully embrace those things, those concepts that they propound around the world.
Peter Roskam: “We have before us, really, two competing economic systems that are playing out essentially. We have our system, which…”
On the recordSeptember 4, 2007
Source
govinfo.govEditor's note · Context
Discussing the differences between American and Chinese economic systems.
Share
More from Peter Roskam
Jul 24, 2018
The good news for my friend from California is that tomorrow he will have an opportunity to vote on bills that will lower the costs of healthcare with the health savings account agenda that is forthcoming. Mr. Speaker, I am pleased to…
Apr 11, 2018
What is presented as a tariff on foreign steel has become a tax on U.S. manufacturing.
Apr 26, 2018
I want to thank the gentleman from Oregon for his support, and I yield back the balance of my time. The Acting CHAIR (Mr. Jody B. Hice of Georgia). The question is on the amendment offered by the gentleman from Illinois (Mr. Roskam). The…





