Bipartisan Bill Countering Chinese Tech Ambitions Reintroduced in House
Reps. Tim Ryan, D-Ohio, and Mike Conaway, R-Texas, reintroduced this week the Fair Trade with China Enforcement Act, a companion to S-2, which was reintroduced at the beginning of the month by Sens. Marco Rubio, R-Fla., and Mark Warner, D-Va.…
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The measures are designed to restrict Chinese investment in U.S. industries that are part of the Made in China 2025 technology advancement initiative. The House bill would bar the sale of national security-sensitive U.S. IP and tech to China, Conaway said. “This bill also keeps the focus on the national security threats posed by Huawei and ZTE, as China frequently uses commercial technology as a vessel to spy on the U.S. government."