The US House of Representatives passed two bills related to China on Monday, March 27th. One bill calls for China to no longer be classified as a developing country, while the other aims to stop forced organ harvesting and target the Chinese Communist Party. Facing urgent competition from China, both parties have agreed to allocate nearly $250 billion in spending towards areas such as semiconductors, artificial intelligence, robotics, and quantum computing. In August 2022, the US passed two bills to promote manufacturing comeback, including a bill that provides $369 billion in subsidies for new energy technologies. The US has also frequently used policy tools such as export controls and foreign investment national security review to restrict Chinese enterprises, in order to limit China's development in the semiconductor industry. The recent bill passed by the House Foreign Affairs Committee focuses on the Taiwan Strait and financial areas, with the goal of deterring China. With China's economy and influence continually growing, it has begun implementing more non-market trade and investment measures that compel the US to protect its own companies and workers, as well as those of its allies and partners.