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John Cornyn: “$2.3 trillion in market value includes $21 billion in…”

Featuring: John Cornyn, Republican | U.S. Senate, Texas

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Cornyn: The Time to Address Outbound Investment is Now

Published | Video Starts at 08:26

Now, that's a lot of money. And if it wasn't available to the Chinese economy and Chinese manufacturing, it would make it harder for them to compete against US. But this $2.3 trillion in market value includes $21 billion in semiconductor investment, $54 billion in military companies, and $221 billion in artificial intelligence. artificial intelligence. Again, because of China's military civil fusion policy, we're not just investing in commercial applications of these technologies. (08:26–08:51)

CLAIM

Asserts specific amounts of US investments in Chinese sectors: $21 billion in semiconductors, $54 billion in military companies, and $221 billion in AI.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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