“In China, export lobbies have fought for policies that favor their interests and limit foreign competition.”

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Meaning

The quote says that some Chinese export interests try to influence policy in ways that protect themselves. It also says those policies can make it harder for foreign businesses to compete.

When It Was Said

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Who It Was Said To

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Historical Context

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Source

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Original Language & Translation

Originally said in English.

Did They Really Say It?

No source found on Wikiquote; the quote is listed as attributed to Henry Paulson.

Did You Know?

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About Henry Paulson

Henry Merritt “Hank” Paulson Jr. is an American investment banker and financier. He served as the 74th United States secretary of the treasury from 2006 to 2009, after leading Goldman Sachs as chairman and chief executive officer. Before entering government, Paulson built his career in high finance at Goldman Sachs, where he held the firm’s top leadership roles. He is known for his work in investment banking and for his time at the Treasury Department.

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