Park City • If Sen. Mitt Romney, R-Utah, had been the CEO of China, he said Friday, he would have made many of the same decisions the nation did, like building up a steel manufacturing sector while engaging in predatory pricing and theft of intellectual property.
“If we were running China, that’s how we would have done it,” Romney, a former venture capitalist, said. “We also would have stolen as much intellectual property as we could.”
Those actions would land an American CEO in hot water with the Justice Department, he said, but were tolerated in China for years by the international community in the name of free market economics.