Political Quotes

Rich Neal: The problem with sovereign capitalism is that if you suggest that you can only accept a partnership up to 49 percent of…

On the recordOctober 24, 2011
The problem with sovereign capitalism is that if you suggest that you can only accept a partnership up to 49 percent of the corporation, the difficulty is that it allows our trading relationship to be diminished because they get all of the best technology advancements, research and development, and then they control the outcome.
Said by
Rich Neal
Democratic · Massachusetts

Editor's note · Context

Discussing the challenges of limited partnerships in trade with China.

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