Worsening tech rivalry: What binds China-U.S. ties

CGTN published this video item, entitled “Worsening tech rivalry: What binds China-U.S. ties” – below is their description.

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U.S. President Joe Biden on Wednesday revoked a Trump-era executive order that sought to ban the Chinese apps TikTok and WeChat, and replaced it with one that calls for a broader review of foreign-controlled applications that could pose a security risk to Americans and their data. And the U.S. Senate on Tuesday passed a sweeping industrial policy bill, which lawmakers said was aimed at competing with China. The Innovation and Competition Act would pump more than $170 billion into research and development in a number of tech areas including semiconductors, artificial intelligence and quantum science. The bill now heads to the House of Representatives to be reconciled and sent to the White House. In response, a Chinese foreign ministry spokesperson said the U.S. should not treat China as an imaginary enemy.

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About This Source - CGTN

This story is an English language news item from CGTN. CGTN is a Chinese state-funded broadcaster.

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