October 17, 2023

Explainer: Biden combines billions in chipmaking grants with China curbs to keep US ahead

Source: Reuters

Journalist: Alexandra Alper

As the United States has slashed the amount of top technology headed to China, it has also been using the promise of billions of dollars of funding to entice non-Chinese chipmakers to set up shop, or expand operations, in the United States.

"Chips are at the center of the administration's economic security and national security agenda when it comes to managing the competition with China," said Emily Kilcrease, senior fellow at the Center for a New American Security and former deputy assistant U.S. Trade Representative.

Read the full story and more from Reuters.

Author

  • Emily Kilcrease

    Senior Fellow and Director, Energy, Economics and Security Program

    Emily Kilcrease is a Senior Fellow and Director of the Energy, Economics, and Security Program at CNAS. Her research focuses on the U.S.-China economic relationship; alignment...