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John Cornyn: “In 2020, one estimate was that the market value of US…”

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

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Cornyn Previews Outbound Investment Legislation.

Published | Video Starts at 01:40

They are not afraid to cheat or steal our technology if it's possible. On the other side of the coin, US Investments from the United States are flowing into China and have for a long time. In 2020, one estimate was that the market value of US investments in China were valued at more than a trillion dollars. Now, the reason why that's important is that China has used that investment to build their economy and their military. It's allowed them to advance technologies that one day might be used against the United States. (01:40–01:53)

CLAIM

Asserts that U.S. investments in China were valued at over a trillion dollars in 2020.

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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.

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