Political Quotes

On the recordJuly 13, 2022
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.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey emphasizes that export controls apply to technology transfers in investment deals with China.

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