American funds can be used to develop any of these technologies in China.
Some limits on US investment in the People's Republic of China are long overdue.
The good news, confirmed last week, is the amount of American money in China fell in 2022.
The true stock of American portfolio investment in China and Hong Kong in 2022 was $910 billion, falling $260 billion from 2021.
In 2016, referring to the trade deficit, candidate Trump criticized the loss of American money to the PRC. Money does leave the US in China trade, with goods and services coming back.
Consider 2020: while COVID spread from China to kill hundreds of thousands of Americans, US capital either saw huge profits from PRC investments or poured hundreds of billions of new dollars into the PRC or mixed the two.
The US has never even attempted to monitor what American money supports in China.
https://www.aei.org/foreign-and-defense-policy/less-american-money-in-china-for-now/
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