PolitiQuote

Discover video-sourced quotes by politicians

John Cornyn: “Including $21 billion in semiconductors, 54 billion in…”

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

Watch on YouTube

Cornyn Praises Long-Awaited Outbound Investment Measures Included in Annual Defense Bill

Published | Video Starts at 10:45

It's estimated that U.S. investments in Chinese companies currently total about $2.3 trillion in market value by the end. 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. (10:45–10:57)

CLAIM

Asserts specific amounts of U.S. investments in Chinese sectors like semiconductors, military companies, and AI.

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.