The U.S. House of Representatives has advanced a multibillion-dollar bill aimed at increasing American competitiveness with China and boosting U.S. technology, teeing up the legislation for full approval by the chamber. Previously, the Biden administration banned eight Chinese technology businesses, including DJI and SenseTime. China-U.S. tech competition is on the edge of breaking out. To understand more about issues about U.S. inflation, China-U.S. tech competition, anti-monopoly laws and internet security, Biztalk spoke with Lawrence H. Summers, former U.S. Treasury Secretary & President Emeritus of Harvard University as well as Fred Hu, Founder, Chairman & CEO of Primavera Capital Group.