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

The idea here is to go deeper in terms of place-based strategies, fix the broken border situation.

No, other than again to thank you, Mr. Chairman, for your leadership. I think it has been a productive hearing to unpack this significant portion of America's public policy of both expenditures but also impact.

China's development strategy, frankly, is this: It is predatory lending, it is resource extraction, and it is payment to authoritarian regimes.

Thank you very much.