Rep. Jim Banks (R-Ind.) blasted Democrats’ COMPETES Act for failing to counter China, despite it being marketed by Democrats as a means to increase U.S. competitiveness with the eastern superpower. “Their fake China bill doesn’t just fail to counter China—it actually helps China by lifting visa limits on high-skilled foreign nationals, failing to protect research from Chinese espionage and not enforcing Section 117 requirements,” Banks continued. “When [ Chinese leader Xi Jinping] read the bill, he breathed a sigh of relief.” In several statements, Banks has quipped that the COMPETES Act should be nicknamed the “CONCEDES Act.” On March 18, Banks introduced the Safeguard Our Universities From Foreign Influence Act, which he described as “legislation to strengthen disclosure requirements and enforcement for foreign gifts and contracts at U.S. universities.” Banks introduced the legislation in response to provisions of the COMPETES Act which he says would allow Chinese foreign actors to continue …