U.S. House China competition bill heads to passage this week
One AmericaSep 09, 2021
House Passes Bill Aimed at Countering Chinese Manufacturing
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Image copyright: The Wall Street Journal
The Facts
In a 222-210 vote on Friday, the US House passed the COMPETES Act, aimed at making the US more economically competitive with China.
The bill includes $52B to support domestic manufacturing and semiconductor research, as well as $45B for strengthening supply chains.
The Spin
Right narrative
The GOP doesn't want Biden to have a victory. This is the boldest move yet to stand up to China and rebuild American manufacturing.
Left narrative
The China issue is being used as a front to push through unrelated provisions and a harmful liberal agenda.The bill doesn't go far enough to tackle the supply chain crisis and fails to protect US technology from intellectual property theft.
