© Reuters. FILE PHOTO: Chinese language and U.S. flags flutter outdoors the constructing of an American firm in Beijing, China, January 21, 2021. REUTERS/Tingshu Wang
WASHINGTON (Reuters) – The U.S. Senate on Tuesday voted 68-32 to approve a sweeping bundle of laws supposed to spice up the nation’s skill to compete with Chinese language know-how, as Congress more and more seeks to take a troublesome line towards Beijing.
The bipartisan measure authorizes about $190 billion for provisions to strengthen U.S. know-how and analysis — and would individually approve spending about $50 billion to extend U.S. manufacturing and analysis into semiconductors and telecommunications tools. The invoice should additionally move the Home of Representatives to be despatched to the White Home for President Joe Biden to signal into regulation.
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