And we need to maintain our diligence and be vigilant when it comes to this threat. China is aggressively investing resources towards winning this race on artificial intelligence. And We cannot aid them [China] in winning the race through US investments in China. And that's where this piece of legislation called outbound investment transparency comes in. One of the ways that China has built its mammoth manufacturing capacity is when American Companies go into China and massively invest in manufacturing capabilities there. (06:49–06:57)
CLAIM
Asserts that U.S. investments in China could aid China's AI race.
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.
