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John Cornyn: “The United States is the most important foreign source of…”

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

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Cornyn Previews Outbound Investment Legislation.

Published | Video Starts at 04:24

A report from the U.S. china Economic and Security Review Commission noted that, quote, the United States is the most important foreign source of investment to semiconductors, quantum computing and AI in China. Let me say that again, The United States is the most important foreign source of investment in China to semiconductors, quantum computing and AI. So it's these investments, which are largely opaque to we as policymakers, that are helping China basically compete with us. And we know, of course, it's not just about economic competition. (04:24–04:35)

CLAIM

Asserts that the U.S. is the primary foreign investor in China's semiconductor, quantum computing, and AI sectors.

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