US China ( Dmytro “Henry” Aleksandrov , Headline USA ) An investigation from the House Select Committee on the Chinese Communist Party (CCP) revealed that five American venture capital firms invested at least $3 billion in Chinese technology companies that are making products used in human rights abuses and aiding the Chinese military and government.
The House Committee reported that GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International financially supported the development of semiconductors that are being put to use by China’s military for research on equipment and weapons.
“ Artificial intelligence and semiconductor technologies are necessary components of the CCP’s Orwellian surveillance state and human rights abuses,” the report said.
The report also follows the Daily Caller’s October 2023 findings that reveal how several U.S. venture-capital firms were participating investors in CCP-backed start-up contests that supported China’s Thousand Talents plan, which aims to poach technology and researchers abroad, […]
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