But what good does it do to continue to increase our defense spending if American investors are simultaneously making investments in China in what amounts to the arsenal of our number one strategic adversary? As of 2023, the United States was investing close to $2 billion in Chinese critical technology sectors, including semiconductors, quantum computing and artificial intelligence. These are American companies investing in China, helping them to advance these critical technologies which we are competing with here in America. A report from the U. S. (08:23–08:39)
CLAIM
Asserts that the U.S. was investing close to $2 billion in Chinese critical technology sectors as of 2023.
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