2024 Budget Plans China Countermeasures

Posted 3/10/23

President Biden’s $6.9 trillion fiscal year 2024 budget request puts an emphasis throughout on out-competing China by increasing investments in domestic manufacturing and infrastructure, while maintaining a strong US presence in the Asia Pacific.

“China is the United States’ only competitor with both the intent to reshape the international order and, increasingly, the economic, diplomatic, military, and technological power to do it,” according to the President’s introduction to his budget.

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