That was by the end of 2020, including $21 billion in semiconductors, 54 billion in military companies, and 2021, 221 billion in artificial intelligence. Part of the problem is China doesn't recognize a separation between commercial enterprises and their military. They have a law that forces their commercial enterprises to share information with the military called military civil fusion. So there is no way to just say, well, we're just investing in America in Chinese businesses. (10:58–11:06)
CLAIM
Asserts that China does not separate commercial enterprises from military operations.
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.
