‘It’s A Little Late,’ Lawmaker Says of Biden’s Executive Order on US Investments in Chinese Technology

The Daily Signal

Politics, Government, Daily News, News

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🗓️ 11 August 2023

⏱️ 20 minutes

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Summary

President Joe Biden signed an executive order on Wednesday aimed at restricting U.S. investment in certain Chinese high-tech, including artificial intelligence, microelectronics and semiconductors, and quantum information technologies. Rep. Mark Green, R-Tenn., however, “[thinks] it’s a little late.” “China has been stealing our technology for decades,” says Green, chairman of the House Homeland Security Committee. “The problem is the high-tech stuff is now fueling their military expansion.” “So, I know about two years ago, maybe a year and a half ago, there was a robotics company that was bought out of Massachusetts,” Green says. “They didn’t buy it for the robotics. They bought it to get the [artificial intelligence] out of the company, and China’s just been doing this left and right.” Green joins today’s episode of “The Daily Signal Podcast” to further discuss the executive order, a laboratory in California that reportedly has connections to Chinese pharmaceutical firms, and the Chinese-owned app TikTok. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We have to know what's going on in our country and we don't. China's buying land.
0:05.0	They're buying land next to military facilities. We have to stop this.
0:09.0	It's time to basically say to China, look, if this is going to happen, we're going to just stop doing business completely.
0:22.0	This is the Daily Signal podcast for Friday, August 11th. I'm Samantha Cheris.
0:27.0	And that was Chairman Mark Green, MD of Tennessee's 7th Congressional District.
0:32.0	On today's episode, Representative Green, who chairs the House Homeland Security Committee,
0:37.0	and I discuss President Biden's recent executive order on China,
0:41.0	a lab in California that reportedly has ties to Chinese pharmaceutical firms and much more.
0:48.0	We'll get to my conversation right after this.
0:58.0	Want the inside scoop on what's happening here at the Heritage Foundation?
1:01.0	Check out Hurd at Heritage and all new show replacing the Heritage Events podcast.
1:05.0	It'll feature cutting edge analysis and thought from leading experts in and across the conservative movement.
1:10.0	And of course, the Heritage Foundation's premiere events and programming brought straight to you.
1:15.0	Check it out at heritage.org slash podcasts.
1:20.0	Joining today's episode of the Daily Signal podcast is Congressman Mark Green of Tennessee's 7th Congressional District.
1:29.0	Congressman Green is Chairman of the House Homeland Security Committee,
1:33.0	as well as a member of the House Foreign Affairs Committee and the House Freedom Caucus.
1:38.0	Congressman, thanks so much for joining us.
1:40.0	Yeah, thanks for having me on. I'm glad to be with you guys.
1:44.0	Yes, well, it's so great to see you again.
1:46.0	I want to dive right in and talk about some recent moves by the Biden administration on Wednesday.
1:52.0	President Biden signed an executive order that aims to restrict US investment in certain Chinese technology,
	...

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