US Ignorant of Investment Fund Portfolio in China: Expert

(L-R) Yu Bin, vice president of Development Research Center of the State Council, Han Wenxiu, executive deputy director of the General Office of the Central Financial, and Ray Dalio, founder of Bridgewater Associates LP, attend the China Development Forum 2023 at Diaoyutai State Guesthouse in Beijing on March 25, 2023. Lintao Zhang/Getty Images

The United States is unaware of the scope of its investment fund in China that is funding possibly harmful Chinese military and civilian technologies, according to Derek Scissors, a senior fellow at the American Enterprise Institute.

According to Scissors’s report titled “What to Do About American Investment in China,” almost $800 billion in U.S. investments poured into China from 2016 to 2020, but the United States “does not monitor what is being funded.”