'Competition 2.0' aims at unfair advantage

Challenges in sight as planned bill tries to limit technology flow to Beijing

Editor's note: The China-US relationship is widely regarded as the world's most important bilateral relations. However, after the Chips and Science Act was signed by US President Joe Biden in August, the country is seeking to further decouple from China by introducing the "China Competition Bill 2.0" to curtail the flow of advanced technology to China. This page takes a look at the proposed bill and the ensuing impact of decoupling on the US as well as its allies.

Over the next few months, the US Senate Democrats are expected to introduce a new bill aimed at limiting China's ability to develop leading technologies by imposing new sanctions and intensifying export controls.

The renewed effort, known as "China Competition 2.0", came one year after a sweeping bill was passed last year to fight off competition from China in semiconductor and other technologies.