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As President Obama clearly said just a few months ago, China must play by the international rules, the international trading system from which they've benefited so much.

I believe China is a major trade violator. The Chinese break all the rules. They counterfeit our goods, steal our international property rights, and hack the computers of our industries and government. Something must be done about it.

If you just technically adhere to the law, sometimes that's enough, sometimes it's not; it's really hard to predict. There is definitely a possibility that the Chinese authorities won't find it sufficient.

If China is helping its domestic industries charge an artificially low price for solar panels and other environmental goods, then China is violating international trade rules that it agreed to when it became a member of the World Trade Organization.

After the Manchu government had carried on wars with foreign nations and had been defeated, China was forced to sign many unequal treaties. Foreign nations are still using these treaties to bind China, and as a result, China fails at whatever she attempts.

But I believe in fair trade, and I will tell you, I have many, many friends heading up corporations, and people that do just business in China, they say it's virtually impossible. It's very, very hard to come into China. And yet, we welcome them with open arms.

If China wants to be a constructive, active player in the world economy, it's got to respect intellectual property rights or it makes it pretty impossible to do business with them.

China itself has said repeatedly that they will and have been conforming to international law.

I am convinced that China needs to be a strong trading partner with the United States long term.

China can be our partner, but that doesn't mean that they can just roll all over us and steal our jobs on an unfair basis.