Chinese government

“If any company gets ahold of US user data or otherwise, it's effectively the Chinese government getting ahold of that data.”

“This is the same week where they basically, they've, they forced, you know, Zhang Yiming to resign from ByteDance. I mean, you know, last, last week it was, or last month it was the CEO of Pinduoduo.”

“You know, we know now that any data that by dance has belongs to the Chinese government. This isn't just a tick tock issue. It's any company, any US company that's doing business in China.”

“They control all the credit data of every single person that uses Alipay all throughout Southeast Asia.”

“They also control all the data of everybody that uses TikTok in America.”

“I don't agree that the Chinese government will shut it down.”

“If you look inside of the UK, there's a bunch of aerospace and defense companies, including Rolls-Royce, that have a very tight coupling with the UK government. They have a golden vote. If you look in China, companies like ByteDance and CATL have a very tight …”

“The government just a few weeks ago launched a kind of a AI plus policy and they say in 2030, which is five years from now, they want to see 90% penetration of AI agents and devices and things like that in, in society.”

“In the nineties, supported by the CCP, ultimately eradicated competition. And made it non-competitive for U.S. Companies. So they exited the market, and now the United States finds itself completely dependent on Chinese suppliers.”

“There's no way that the government isn't subsidizing those by 30, 40, 50%.”

“The big thing with China is, there's a commercial aspect to what they do. So if the government breaks in and steals a trade secret from some company in the U.S., they'll just give it to another company in China.”