Chicoms oppose US semiconductor production

 Reuters:

U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more of a competitive punch.

On Thursday, U.S. lawmakers will open formal negotiations on a compromise measure that would fund $52 billion in semiconductor manufacturing subsidies and boost U.S. competitiveness with Chinese technology. It could still take months to reach a final deal.

Republican Senator Shelley Moore Capito asked Raimondo at a Senate Appropriations subcommittee hearing about a Reuters story and other reports that China had been pushing U.S. executives, companies and business groups to fight against China-related bills in Congress.

"It doesn't surprise me at all. China doesn't want us to pass this bill. They know that this bill will enable us to outcompete them," Raimondo said, saying China had invested $160 billion in domestic semiconductor production. "The last thing they want is for us to invest $52 billion."

Raimondo said she had heard the reports China was lobbying U.S. businesses, saying they were "deeply concerning ... The reason China is so against it is because they know how important it is for us."
...

Relying on China for semiconductors needed in the US defense industry would be a strategic error.  It is an error that Congress is seeking to correct with this appropriation.

See, also:

Russia is resorting to putting computer chips from dishwashers and refrigerators in tanks due to US sanctions, official says

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