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John Cornyn: “US Companies are investing money in China, bankrolling…”

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

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John Cornyn Celebrates Inclusion Of Legislation To Restrict US Investment In China In NDAA

Published | Video Starts at 10:03

Failure to address this provision on outbound investment is not just to ignore the threat of China, but to actively help them build up their own defense arsenal and threaten peace in the Indo Pacific. At this very moment, US Companies are investing money in China, bankrolling China's capabilities in semiconductors, quantum computing, hypersonic systems, and artificial intelligence. We are in a competition with China in each of those areas. And why in the world would we blindly allow American investors to invest in our opponent and help them defeat us in the race on each of these areas of technology? (10:03–10:16)

CLAIM

Asserts that U.S. companies are investing in Chinese technological capabilities.

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.


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