Rep. Krishnamoorthi on VC Investments in China

The transcript discusses the legislative and investigative actions concerning American VC investments in China, particularly in the AI sector. It highlights the concerns over technology sharing with the Chinese military and police. The conversation also covers US-China relations, with differing views on the Biden administration's approach. The discussion extends to outbound investment restrictions, export controls, and recent diplomatic efforts, emphasizing the need for military communication to prevent conflicts.

What is the main concern regarding American VC investments in China's AI sector?

• They are not profitable.

• They are too small in scale.

• They are not innovative enough.

• They are shared with the Chinese military and police.

Which of the following firms is NOT mentioned as being part of the investigation?

• Sequoia Capital

• Walden International

• GGV Capital

• GSR Ventures

What is the term used to describe ineffective engagement with China?

• Passive diplomacy

• Zombie engagement

• Silent negotiation

• Inactive dialogue

What is the stance of the ranking member on the committee regarding the Biden administration's engagement with Beijing?

• He disagrees with the notion of zombie engagement.

• He believes concessions have been made.

• He thinks the engagement is too aggressive.

• He agrees with the concept of zombie engagement.

What was the nature of the export controls imposed in October?

• They were aimed at textile exports.

• They were limited to agricultural products.

• They were focused on high-end semiconductor chips.

• They targeted the automotive industry.

Who recently visited Beijing to discuss climate issues?

• Henry Kissinger

• John Kerry

• Janet Yellen

• Lloyd Austin

What is a potential risk if military-to-military communication is not established?

• Potential accidents and deadly incidents

• Economic sanctions

• Loss of diplomatic ties

• Increased trade tariffs