Washington losing sight of overall picture is prescription for greater trouble in long run
Reports that United States President Joe Biden may soon sign an executive order to boost domestic biomanufacturing and reduce reliance on China should come as no surprise to any party.
Like the CHIPS and Science Act of 2022 that he signed into law on Aug 9 and the executive order he issued on Aug 25 on its implementation, the new executive order the US president is reportedly poised to sign is just another step down the path the current administration has chosen to take.
To Washington decision-makers, the move is no doubt viewed as an integral part of the US grand strategy for what they see as a long game of great power competition with China. Under the pretext of safeguarding US supply chain security, they seek to secure or reclaim US advantages and industry dominance, while at the same time suppressing China's progress in corresponding fields.