US House finalises bill to confront China, including provisions on semiconductors and Taiwan ties

The US House of Representatives on Tuesday finalised sweeping legislation meant to boost US competition with China.

The 2,912-page bill, called the America Competes Act of 2022, includes billions of dollars for the US semiconductor industry; new provisions to strengthen US relations with Taiwan and the “Quad”, an alliance comprising the US, Japan, India and Australia; and US$100 million to counter Chinese government censorship and disinformation.