China

House Passes Bill Aimed at Countering Chinese Manufacturing

FEB 2 2022·Updated JAN 4 2023

Story

Image credit: 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.
Axios
The bill includes $52B to support domestic manufacturing and semiconductor research, as well as $45B for strengthening supply chains.
USA Today
It also establishes a new directive for Science and Engineering Solutions.
USA Today
Differences between this act and its Senate counterpart (passed in 2021) will be resolved by conference committee.
USA Today

Sources Split

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CENTER

RIGHT

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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.

New York Post

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.