"I'm going to call it like I see it and I will share with you candidly a view right from Main Street, Main Street U.S.A.," Palin told a room full of asset managers and other finance professionals, according to a video of part of the speech obtained by The Associated Press. "And how perhaps my view of Main Street ... how that affects you and your business."
Palin started off her keynote — which was closed to reporters — with a light talk about the links between her state and the southern Chinese territory, then touched later on economic issues and China.
One attendee said she called on China to be a more responsible global citizen, allow greater freedoms and take a more active role in solving pressing world issues.
She also criticized the U.S. Federal Reserve's massive intervention in the economy over the last year, arguing its actions only exacerbated the crisis, according to another attendee. She also praised the conservative economic policies of former U.S. President Ronald Reagan and former British Prime Minister Margaret Thatcher.
The AP was sure to add this little gem:
Palin, who burst on the U.S. political scene last year when she was chosen as Republican Sen. John McCain's running mate, was ridiculed during the campaign after contending her state's proximity to Russia gave her foreign policy experience.
"You can actually see Russia from land here in Alaska," she said.
Palin received her first passport in 2007, to visit Alaska National Guard members serving in Kuwait and Germany.
And of course, the Democrats had to take their pop shots:
Hari Sevugan, a spokesman for the Democratic National Committee, said Tuesday the group knew little about Palin's speech.
"We're curious as to what she's willing to say in private but not in public," Sevugan said. "Are there other countries that she can see from her window that she doesn't want us to know about?"