PolitiQuote

Discover video-sourced quotes by politicians

John Cornyn: “As of 2023, the United States investors were investing close…”

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

Watch on YouTube

Cornyn Previews Outbound Investment Legislation.

Published | Video Starts at 03:47

We need to prevent the People's Republic of China from using capital investments by the United States to gain access to and copy our technological advances and most importantly, in certain critical sectors. As of 2023, the United States investors were investing close to $2 billion in Chinese critical technology sectors, including semiconductors, quantum computing and artificial intelligence. A report from the U.S. china Economic and Security Review Commission noted that, quote, the United States is the most important foreign source of investment to semiconductors, quantum computing and AI in China. (03:47–04:04)

CLAIM

Asserts that U.S. investors have invested nearly $2 billion in Chinese critical technology sectors by 2023.

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.


John Cornyn

Discover more from

John Cornyn

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.