US House finalises bill to confront China, including provisions on semiconductors and Taiwan ties

Source: China – South China Morning PostThe US House of Representatives on Tuesday finalised sweeping legislation meant to boost US competition with China.The 2,912-page bill, called the America Competes Act of 2022, includes billions of dollars for the US semiconductor industry; new provisions to strengthen US relations with Taiwan and the “Quad”, an alliance comprising the US, Japan, India and Australia; and US$100 million to counter Chinese government censorship and disinformation.It would create a new US special envoy position at…Read More

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