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US spending billions to counter China's tech influence

But federal auditors can't figure out what a third of its projects actually do...

US spending billions to counter China's tech influence
Image credit: https://unsplash.com/@yohjixxxx

The US Government spent $1.2 billion over a three-year period to limit China’s technological, political and military power, but a third of its projects have gone untracked, say auditors.

A total of 470 projects received a share of federal funds to “counter Chinese influence” between the 2020 and 2023 financial years, according to the Government Accountability Office (GAO).

In a report published June 17, the federal auditor said a third of the projects had not collected or shared data on their activity.

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