CNBC host Larry Kudlow traveled to the RNC in Cleveland and tonight hosted a panel discussion on globalization sponsored by the Milken Institute and the Bipartisan Policy Center.

The event was titled Priorities. Policies. Solutions and was held at Heinen’s of Downtown Cleveland

More than 100 delegates, reporters and others attended — and the event was disrupted early on by two guys — the Yes Men maybe? — who started throwing dollar bills into the air and talking about how Milken was giving them money.

But then came Kudlow, with dollar bills still on the stage.

And during the discussion with his three guests, Kudlow says that the only way to do business in China was to make grease payments — “vigorish, the Mob used to call it” — Kudlow says — to people at every level of in the Chinese Communist Party.

“Ask anyone who does business in China,” Kudlow says. “Ask Jeffrey Immelt at GE. He will tell you this.”

One of the panelists takes issue with Kudlow, says that corporations are cleaning up their act in China.

But during the question and answer period, Kudlow was asked if he knew about the Foreign Corrupt Practices Act (FCPA), which prohibits bribery payments in China.

“Not just China, but anywhere in the world,” Kudlow says.

“If that is true then, as you say, that large multinational corporations have to still make bribes to do business in China, then why aren’t there more criminal prosecutions of American based corporations for paying bribes in China?” Kudlow was asked.

Kudlow didn’t hesitate.

“Because major American corporations control both major political parties in the United States,” Kudlow said.