NEW YORK — Chinese battery makers are targeted for new restrictions in the U.S. under legislation that would bar the Homeland Security Department from procuring clean energy technology made by six companies. The House of Representatives passed the “Decoupling from Foreign Adversarial Battery Dependence Act” last week. The bill advances to the Senate, where it likely…
Since 2018, the US has frequently targeted China’s tech industry, which is heavily centered on chips. This latest action is unprecedented in its scope and depth, not only applying to exports by US manufacturers and suppliers, but also that by US, Japanese and Dutch manufacturers made in other parts of the world to certain chip…
The Biosecure Act, recently passed by the US House of Representatives, marks a significant escalation in efforts to decouple the American and Chinese biotech ecosystems. The bill, which passed with strong bipartisan support, would prohibit federal funding for US companies that do business with several named Chinese biotech firms, including industry giants Wuxi AppTec and…