Why China Has U.S. Congress Focused on Computer Chips
posted on March 23, 2022 14:01
(Bloomberg) -- A rare point of bipartisan consensus in Washington is the desire to spend more than $50 billion to bolster U.S. chip production. That’s a key part of bills pending in both houses of Congress intended to increase U.S. competitiveness with China. The bills are similar, but not identical, and differences on auxiliary issues threaten to stall their progress.
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