[Congressional Record Volume 141, Number 36 (Monday, February 27, 1995)]
[House]
[Page H2232]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                  CHINESE TRADE: THE FLY AND THE SHARK

  (Mr. TRAFICANT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. TRAFICANT. Mr. Speaker, another trade deal with China. This time 
it is over software. Software, Mr. Speaker. While we are quibbling over 
software, China is melting down hardware in factories all over America.
  Check this out. Nike makes over 1 million pairs of athletic shoes in 
China every year and it costs 17 cents to make a pair of those shoes. 
Nearly all of them are shipped to America and they sell for over $100 a 
pair. But these think tank experts keep telling Congress, we need these 
cheap Chinese goods so we can keep our prices down.
  Beam me up, Mr. Speaker. I commend Mickey Kantor for his efforts, but 
the truth is I think this trade deal is a fly on China's face while a 
full-grown great white shark is eating America's assets. That is 
assets, Mr. Speaker. Think about it.

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