US President Joe Biden stands during an event to discuss his administration’s work to increase the supply of semiconductors and rebuild supply chains in the South Court Auditorium of the White House in Washington on January 21, 2022. Photo: AFP
US-China tech war: Beijing calls the America Competes Act a product of Cold War mentality
- China’s foreign ministry spokesman called the competition bill from the House of Representatives a result of a ‘Cold War and zero-sum mentality’
- The bill, which earmarks billions of dollars in funding for chip-making and scientific research, must now be reconciled with a similar one from the Senate
US President Joe Biden stands during an event to discuss his administration’s work to increase the supply of semiconductors and rebuild supply chains in the South Court Auditorium of the White House in Washington on January 21, 2022. Photo: AFP
