McCormick Pushed for China Investments as Official, Later Profited from Those Policies
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McCormick helped open China to more U.S. investment as a Bush administration official, then profited from those policies as a hedge fund manager
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As Treasury undersecretary, McCormick advocated for China to lift barriers to U.S. financial firms investing there
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McCormick's efforts made it easier for U.S. companies to offshore jobs and outsource manufacturing to China
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After leaving government, McCormick's firm launched a $1 billion hedge fund to invest in China, benefiting from the policies he helped shape
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Now running for Senate, McCormick slams his opponent for being "soft" on China despite his own record of expanding U.S. corporate ties there