Kevin O’Leary, who admits he is “a bit of a hawk” towards China, on Monday called for “extremely aggressive” steps to level the playing field between the United States and China.
The chairman of O’Shares ETFs told CNBC’s Hadley Gamble that the United States should hinder Chinese companies in the US market, which he said is similar to US companies traded in China.
This could include the removal of Chinese shares and the closure of Chinese companies from the U.S. court system, O’Leary said, adding that he is a manufacturer in China but faces barriers in the Chinese market.
“I can not sell my product there, and yet they enjoy the benefits in North America and in Europe,” the well-known investor told CNBC’s ‘Capital Connection’ on Monday.
Kevin O’Leary
Scott Mlyn | CNBC