FIRST AIRED: July 6, 2018

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Transcript

00:00:01
>> From Ford to Tesla and dozens of Silicon Valley start ups in between, the Trump administration's threat to block Chinese investment in US companies could spell trouble. A Reuters analysis of money ties between the US and China shows how tangled things are especially in the transportation sector. Consider these numbers.
00:00:21
In the past five years, Chinese companies funded at least 80 US transportation startups together worth over $100 billion and in the other direction, US companies and investors funded at least 60 Chinese start ups, together worth about $95 billion. Reuters Paul Liner has been crunching the data.>> There's an awful lot at stake for electric vehicles and self-driving vehicles, and the companies developing those technologies if the US decides to block Chinese investment.
00:00:51
The Reurters analysis shows there are at least two dozen Chinese companies in Silicon Valley invested in a number of transportation technology startups, from Zukes to Uber. If those investments dry up, some of the smaller companies could find it difficult to survive.>> And the ties go deeper, Ford, Intel, Microsoft and chip maker Nvidia are among dozens of partners in Chinese Internet search engine, baidu's self driving platform project Apollo.
00:01:20
And Ford and Baidu have plans to jointly develop artificial intelligence in smart connectivity in cars and both have invested in Silicon Valley startup Velodyne which makes sensors for self driving cars. And the Chinese money isn't just in startups. Chinese Internet giant Tencent, who's $460 billion market cap dwarfs that of the entire US auto industry is one of the largest investors in Tesla, after it acquired a 5% stake last year for $1.8 billion.