Political Quotes

Jeff Fortenberry: “Listen, China is on the march. They have a hybrid capitalistic/communistic system that directly subsidizes industry.”

On the recordMarch 24, 2021
Listen, China is on the march. They have a hybrid capitalistic/communistic system that directly subsidizes industry.
Said by
Jeff Fortenberry
Republican · Nebraska

Editor's note · Context

Fortenberry discusses China's economic system and its impact on global standards.

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Mar 24, 2021

I think it is a critical new architecture for, again, establishing trust and economic well-being with continuity, using the best of the private market system with a little bit of subsidy.

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I believe this is inconsistent with sound diplomacy. It is a projection of our own ideological divisions on the poor throughout the world.

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