U.S. investors are plowing money into Chinese companies involved in artificial intelligence, despite growing competition between Washington and Beijing over the technology.
Investors are driving up the share prices of Chinese tech companies developing AI models and adding cash to exchange-traded funds tracking the broader tech sector in China. Venture-capital firms based in China are raising U.S. dollar-denominated funds to deploy in AI investments, and U.S. endowments that shunned China for years are weighing a return, according to fund managers.
House Speaker Mike Johnson (R., La.) said Sunday that “investments propping up Communist China’s aggression must come to an end.”
Critical support?
China’s aggression? lol, lmao
GoMmUnIsT cHiNa is aggressively outcompeting us.
looks like the GOP are laying groundwork for capital controls
Lock US investors out of the highest-growth overseas assets so that the global south can own them instead.
