When the Chips and Science Act (frequently referred to as the CHIPS Act) was signed into law in August, President Biden and Congressional lawmakers celebrated.
The legislation included subsidies to bolster America’s domestic semiconductor industry and tackle supply chain vulnerabilities, addressing key national security concerns with China. The Biden administration boasted that the CHIPS Act would lower costs, create jobs, strengthen supply chains, and counter China.
But China has not taken the news lying down. The PRC has mobilized a strategic communications campaign to undermine support for the Act...
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