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“One way in which we can encourage the Chinese government to take more vigorous action to control food safety in their country is by just saying we're not going to buy Chinese foods until they get their system cleaned up. Admittedly it's a difficult system to get under control because an astonishing percentage - maybe 80 percent - of the foods in China are produced in small backyard operations.”

“If you talk privately to our tech companies, our pharmaceutical companies, our high-end manufacturing companies, the high end of America, where the good-paying jobs are, China is not letting them in unless China gets to steal their intellectual property in a company that`s 51 percent owned by the Chinese.”

“I assumed that the pencil market was collapsing, but then it turns out that from 2010 to 2011 in the United States, pencil consumption went up by over six percent. I mean, those are all foreign-made pencils. Those are probably Chinese pencils, mostly, and Mexican pencils. I mean, it is an archaic communication technology, but it is still ubiquitous.”