Political Quotes

Mike McCaul: “In the business community they refer to Chinese finance as 'loan to own' because the terms are set up basically never to…”

On the recordApril 8, 2019
In the business community they refer to Chinese finance as 'loan to own' because the terms are set up basically never to be repaid.
Said by
Mike McCaul
Republican · Texas

Editor's note · Context

Explaining how Chinese loans lead to asset forfeiture.

Share

More from Mike McCaul

Aug 8, 2026

AUKUS, the Taiwan-U.S. drone initiative and support from Japan and the Philippines, which McCaul described as 'very concerned,' would provide the deterrence needed to stop Chinese President Xi Jinping from pursuing what McCaul called 'a…

focustaiwan.tw
Aug 11, 2026

Senator Graham was a national security giant, a statesman of unmatched conviction, and a personal friend and mentor.

hoyer.house.gov
Aug 8, 2026

You don't want your supply chain compromised by your adversary.

focustaiwan.tw
Jun 12, 2026

We can do both. We're a great nation. And the fact of the matter is, unfortunately, this administration has chosen not to secure the border.

cbsnews.com

Other voices in this conversation