5min chapter

Odd Lots cover image

Dan Wang On the Extraordinary Moment for China's Party Congress

Odd Lots

CHAPTER

The Chips Act

Mo Raka: Why now from the Biden administration? And what is your reading of like, this is, they're really cranking up the dial. How much is it about constraining China's own ambitions versus sort of this broader effort? We saw it with the chips act to bring a, I guess, reshore in strength and give a leg up to domestic players. He says there are these two big events this year that really prompted a lot of the US government to adopt a much more hawkish stance.

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