The US Senate’s new legislation, the Strategic Competition Act of 2021, is expected to have a profound effect on every Chinese technology company. Photo: Reuters
US-China tech war: Washington intensifies pressure on Beijing in proposed new policy of ‘strategic competition’
- The Strategic Competition Act of 2021 sharpens the US government’s focus on thwarting China’s economic and hi-tech ambitions
- Analysts see the legislation offering no surprises for China, as more domestic hi-tech entities are hit by US trade sanctions
The US Senate’s new legislation, the Strategic Competition Act of 2021, is expected to have a profound effect on every Chinese technology company. Photo: Reuters