If you have to reapply for an application, for a permit to launch every time you come up with something new, you'll slow down innovation to a crawl. China's not doing that. We cannot fall behind. And what this study found is that we have to be very. And it's a thick study too, by the way. Impossible to go through all the regulations that were proposed, or should I say anti regulations. (22:29–22:33)
CLAIM
Asserts that China is not overregulating technology, implying the U.S. should avoid falling behind.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
