Senate Passes Bill to Address Competition From China. What It Means For US Relations With Beijing.

The legislative package and efforts to strengthen domestic supply chains also raise questions about whether the US is on the path toward a semblance of the industrial policy makers have criticized countries like China for pursuing—especially given its bipartisan support. “It seems like we are in the middle of this process where we are questioning some of our assumptions,” says Anna Ashton, vice president of government affairs at the US-China Business Council.