President Joe Biden has billed the $1 trillion infrastructure investment package under consideration in the Senate as critical to keeping the U.S. ahead of China
had access to fiber optic or 4G broadband internet service.
Ye also advised U.S. policymakers to avoid an “oversell of China threat” in relation to the country’s infrastructure investment. The Senate’s approval of the bill would indicate that lawmakers understand that competition with China “is first and foremost economic [and] technological, and in order to compete, we need to make these investments in ourselves,” he said.
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