As the U.S. Congress returns to Washington after the Labor Day recess, lawmakers are set to consider a series of measures aimed at reducing reliance on China. However, these efforts to “decouple” could inadvertently harm American industries and consumers.
Among the proposed bills is an initiative to ban five biotechnology companies with Chinese ties from collaborating with entities receiving federal funding. These companies play a crucial role in helping doctors detect genetic causes of cancer and assist in research and manufacturing for American drug makers—a key step in developing new medications. Industry experts warn that such a ban could disrupt partnerships, delay clinical trials for new drugs, and increase costs. The pursuit of medical advancements, including potential cures for cancer, may face significant setbacks.
Another bill targets drones manufactured by DJI, a Chinese company that dominates the global drone market. The proposed legislation labels DJI as “an unacceptable risk to U.S. national security” and seeks to remove its products from U.S. communications networks over data security concerns. Representative Elise Stefanik (R-NY), who introduced the bill, stated, “Congress must use every tool at our disposal to stop China’s monopolistic control over the drone market.” Critics argue that such measures could limit access to advanced drone technology essential for various industries, including agriculture, filmmaking, and emergency services.
Additional legislative efforts include restricting Chinese nationals from purchasing farmland, tightening export controls, and reviving programs aimed at preventing espionage on U.S. intellectual property. Furthermore, the 45-year U.S.-China Science and Technology Cooperation Agreement is currently in limbo, casting uncertainty over future collaborative research initiatives.
The cumulative effect of these proposals may lead to increased costs for American businesses and consumers, hinder technological innovation, and strain diplomatic relations. As lawmakers grapple with national security concerns, there is a growing debate over the potential economic and social repercussions of such decoupling strategies.
Experts emphasize the importance of carefully weighing the benefits and drawbacks of reducing ties with China. While safeguarding national interests is crucial, policies that impede access to cutting-edge technology and collaborative research may ultimately disadvantage the United States on the global stage.
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U.S. Congress attempts to 'decouple' from China will be an own goal
cgtn.com
