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Under the Foreign Corrupt Practices Act, a company is not allowed to provide a personal benefit to a decision maker in return for business. But hiring the sons and daughters of powerful executives and politicians is hardly just the province of banks doing business in China: it has been a time-tested practice here in the United States.

For years, China expected foreign companies not to publicly voice their complaints about hacking or intellectual-property violations in order to protect their broader interests in the country.

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 you are only big in China, you are only a local Chinese company.

China is a government-oriented economy. No one can say he can run his business entirely without government connections. Anybody who says that he or she can do things alone... is a hypocrite.

There are two kinds of big companies in the United States. There are those who've been hacked by the Chinese, and those who don't know they've been hacked by the Chinese.

No company fails in communist China, because they're all partly owned by the government.

It's easy not to bribe. But it's not so easy to keep a business running at the same time.

China has always been very hospitable, but we can choose who enters our house. We could not allow any companies to enter China and make money while hurting the country.

In China, you have to have a strong leader for a business to get anything done.