John Cornyn: “Joseph Stalin was rumored to have once said: We will hang the capitalists with the rope they sell us. Unfortunately, the…”

“Joseph Stalin was rumored to have once said: We will hang the capitalists with the rope they sell us. Unfortunately, the United States has been selling the Chinese Communist Party a lot of rope in recent years. At this very moment, American entities are fueling China's aggression by funneling huge amounts of capital into capabilities that could eventually be used against the United States and our allies. From advanced semiconductors to quantum computing to artificial intelligence it is high time that the United States becomes serious about limiting the flow of U.S. dollars into the arsenal of our biggest strategic adversary. By some estimates, U.S. investments in Chinese communities totaled more than $2.3 trillion in market value in 2020. That is American investments in Chinese companies--$2.3 trillion in market value at the end of 2020. That includes $21 billion in semiconductors, $54 billion in military companies, and a whopping $221 billion in artificial intelligence. According to a report from the U.S.-China Economic and Security Review Commission, ``The United States is the most important foreign source of investment to semiconductors, quantum computing, and AI in China.'' Because of China's strategy of military-civil fusion, these investments are not simply benefiting China's economy; they are directly bolstering China's military. China is the greatest national security threat of our time.…”