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Ro Khanna: “China has $1.5 trillion of an investment bank that they're…”

Featuring: Ro Khanna, Democratic | U.S. House California, 17th Congressional District

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Ro Khanna lays out progressive agenda as he 'seriously' considers presidential run | Newsmakers

Published | Video Starts at 02:56

Johnstown still hollowed out. Farrell Hollowed out. I believe we need a next new deal for America. Industrial investment bank, a thousand trade schools, tech centers, care economy, childcare, elder care. China has $1.5 trillion of an investment bank that they're investing on industries and sector after sector. You know how much we put in an industrial bank? We don't have one. I mean, so we have never had a strategy for economic development in this country since FDR's New Deal. (02:56–03:04)

CLAIM

Asserts that China has a $1.5 trillion investment bank for industrial investment.

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