Nina Xiang is the founder of China Money Network, a media platform tracking China's venture and tech sectors. She is author of "Red AI: Victories and Warnings from China's Rise in Artificial Intelligence."
$50 billion plan will diversify production but complicate supply chains

Joe Biden holds up a silicon wafer during a virtual meeting with CEOs to discuss supply chain issues at the White House on Apr. 12: redefining the word "infrastructure" is critical. © AP
Nina Xiang is the founder of China Money Network, a media platform tracking China's venture and tech sectors. She is author of "Red AI: Victories and Warnings from China's Rise in Artificial Intelligence."