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.
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