What many of us did not fully appreciate is how American investors are directly supporting the Chinese economy and the Chinese military through outbound investment to the tunes of billions of dollars. The US China Economic and Security Review Commission noted that The United States is, quote, the most important single source of investment to semiconductors, quantum computing and AI in China. In other words, we are funding our principal competitor. And that competitor is not only an economic competitor, but is vying for hegemony in the Indo Pacific and threatening a military conflict to take Taiwan any day, week or month in the future. (10:10–10:21)
CLAIM
Asserts that the U.S. is the most important source of investment in semiconductors, quantum computing, and AI in China.
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