"Indeed, American companies make three times as much profits from their investment in one E.U. country, Ireland, than they do from all their investments in China"
- John Bruton
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This quote by John Bruton highlights the financial success of American companies in the European Union, especially in Ireland. It suggests that American business are making considerably more benefit from their investments in Ireland than they are from their financial investments in China. This could be due to a variety of aspects, such as the fact that Ireland belongs to the European Union, which provides a more steady economic environment than China. Furthermore, Ireland has a highly educated workforce and a business-friendly environment, which might be attractive to American business. Moreover, Ireland has a lower business tax rate than China, which might likewise be a factor in the greater revenues. Ultimately, this quote functions as a suggestion of the economic success that American companies can attain in the European Union, especially in Ireland.
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