Gregory Meeks actually said...

Access to pre-IPO investment opportunities should not be reserved just for the wealthy.

China is an important strategic rival. Frankly, I would like to keep them as economic rivals.

Part of it is policy decisions that have overwhelmingly benefited the Chinese Communist Party.

Part of it was under Deng Xiaoping, China broke from what had failed, cultural revolution, Mao's various forms of Marxist ideology.