n recent years, many actions by American politicians have made it clear they’re trying to contain the development of China’s hi-tech industries. The United States in 2022 passed the CHIPS and Science Act, which included terms limiting chipmakers that receive subsidies under the act to conduct normal investment and trade activities in China and restricting China-U.S. sci-tech cooperation. It has also encouraged its allies to cut off the supply of semiconductor chips to China and tried to strangle many Chinese hi-tech companies under the pretext of national security. The U.S. tries to maintain its existing advantage with zero-sum thinking—disrupting international trade, investment and technology exchange. These policies aimed at outcompeting China are weaponizing economic and trade issues and negatively impacting the world
