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US-China tech war: America being held back by budgetary red tape, Pentagon official says
Aggregated Source: ChinaLegalBlog.com

March 10, 2021

#DayNewsFeed #ChinaNewsThe United States should streamline its budgeting procedures to prevent losing ground to China in the tech race, according to a senior American defence official.A “time-consuming budgetary process” had impeded the country’s ability to innovate and keep pace with Beijing, Michael Brown, director of the defence innovation unit at the Pentagon, said at an online seminar hosted by the Hudson Institute on Friday.“We…

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