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China against US’ plan to boost domestic semiconductor manufacturing: Biden

News Snapshot:

WASHINGTON: Directly accusing China of intervening in American legislative processes, US President Joe Biden has said that the Chinese Communist Party (CCP) is lobbying to oppose the passage of the CHIPS Act, which is meant to create incentives to boost semiconductor manufacturing, in the US Congress since it is linked to national security. Biden made the charge while speaking at a Lockheed facility in Alabama responsible for assembling Javelin missiles on Tuesday. The US and its allies have sent 5,500 Javelins to Ukraine to bolster its defences against Russian aggression till date. Biden has also asked the US Congress for…

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