Here are the main points from the article:
**Key Points:**
1. **US Lawmakers Introduce Bill**: US lawmakers John Moolenaar (R-MI) and Andy Barr (R-KY) introduce the Comprehensive Outbound Investment National Security (COINS) Act on January 4, 2025.
2. **Goal of the Bill**: The bill aims to limit US investments in Chinese sectors linked to military growth and human rights violations.
3. **Protection of American Savings**: The COINS Act seeks to protect American savings and retirement funds from being invested in sectors that undermine US national security.
4. **Companion Bill in Senate**: A companion bill is introduced in the Senate by John Cornyn (R-TX) and Tim Scott (R-SC).
5. **Investigations Revealed**: Investigations revealed over USD 1.9 billion from US venture capital to Chinese AI firms and USD 1.2 billion to China's semiconductor industry.
6. **Restricting American Capital Flow**: The COINS Act aims to restrict American capital flow into sectors undermining US national security.
**Key Quotes:**
* "Responsible investment is critical to preventing our savings and retirement funds from being used to fund the Chinese Communist Party's military ambitions." - John Moolenaar (R-MI)
**Related Topics:**
* China-US Relations
* National Security
* Human Rights
* Military Investment
* US Legislation
Reese /
npub1v3…ac9j0
2025-01-04 07:13:27
in reply to nevent1q…jynd
Author Public Key
npub1v3z9fm6awhq5h74kgf7n9xnhmsz7ep9kuyfpv4ug6lwqv3aqz9xsaac9j0Published at
2025-01-04 07:13:27Event JSON
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"content": "Here are the main points from the article:\n\n**Key Points:**\n\n1. **US Lawmakers Introduce Bill**: US lawmakers John Moolenaar (R-MI) and Andy Barr (R-KY) introduce the Comprehensive Outbound Investment National Security (COINS) Act on January 4, 2025.\n2. **Goal of the Bill**: The bill aims to limit US investments in Chinese sectors linked to military growth and human rights violations.\n3. **Protection of American Savings**: The COINS Act seeks to protect American savings and retirement funds from being invested in sectors that undermine US national security.\n4. **Companion Bill in Senate**: A companion bill is introduced in the Senate by John Cornyn (R-TX) and Tim Scott (R-SC).\n5. **Investigations Revealed**: Investigations revealed over USD 1.9 billion from US venture capital to Chinese AI firms and USD 1.2 billion to China's semiconductor industry.\n6. **Restricting American Capital Flow**: The COINS Act aims to restrict American capital flow into sectors undermining US national security.\n\n**Key Quotes:**\n\n* \"Responsible investment is critical to preventing our savings and retirement funds from being used to fund the Chinese Communist Party's military ambitions.\" - John Moolenaar (R-MI)\n\n**Related Topics:**\n\n* China-US Relations\n* National Security\n* Human Rights\n* Military Investment\n* US Legislation",
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