Inflating China threat won't heal America's infrastructure woes - News Summed Up

Inflating China threat won't heal America's infrastructure woes


THE current US administration has been tapping the so-called "China threat" to rally bipartisan support and push forward its domestic and foreign agenda. On Tuesday, the US Senate passed a roughly $1-trillion bipartisan infrastructure bill after rounds of haggling. However, demonizing China might help the White House secure a victory in an increasingly anti-China Washington but is not even remotely enough to heal America's infrastructure woes, whose root causes are within the country's own borders. The curtailed scale of Biden's infrastructure bill, compared with his initial proposal, and the prolonged Senate debate on cryptocurrency tax means finance is still posing a potential threat to the country's upgrading plan. If US politicians cannot keep their eyes off China, they should learn from China's experience in infrastructure building, instead of scheming how to slow China down.


Source: Manila Times August 14, 2021 13:52 UTC



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