Pat Toomey: “If an American venture capital firm, for instance, is investing in a Chinese artificial intelligence company that has…”

“If an American venture capital firm, for instance, is investing in a Chinese artificial intelligence company that has ties to the Chinese military, a technology transfer that is associated with that deal that included some kind of intellectual property or sensitive blueprints or services or procedural know-how, none of that escapes the jurisdiction of these export controls because it is part of an investment deal.”