How China Aims to Counter US ‘Containment’ Efforts in Tech

The US is engaged in what it terms “strategic competition” with China, a full-throttled campaign to prevent the world’s No. 2 economy from gaining an edge in state-of-the-art technology that could threaten both jobs and national security. On one track, President Joe Biden is using massive subsidies to support domestic industries seen as drivers of growth and innovation. Meanwhile, his administration is working to hobble China’s efforts with trade restrictions, blacklists and investment curbs. In

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