Whalesbook
A U.S. commission advises Congress to bolster defenses for biotech, quantum computing, and semiconductor supply chains. Citing China's leverage in areas like rare-earth minerals, the report recommends creating an "economic statecraft" entity and strengthening export controls to prevent U.S. dependence on Beijing. It highlights risks from China's dominance in essential ingredients, printed circuit boards, and advanced manufacturing, warning of a 'China Shock 2.0' that could threaten domestic industries.