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  • Senate Passes Sweeping Bill to Address China Tech Threat

    06/08/2021 5:25:36 PM PDT · by Yong · 14 replies
    The Epoch Times ^ | Jun 8, 2021 | Reuters
    The Senate on Tuesday voted 68–32 to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology, as Congress increasingly seeks to take a tough line against Beijing. The bipartisan measure authorizes about $190 billion for provisions to strengthen U.S. technology and research—and would separately approve spending about $50 billion to increase U.S. production and research into semiconductors and telecommunications equipment.