and Democratic committee leaders said they would write legislation they hoped to introduce in the next several months to limit the flow of technology to China, deter China from initiating a conflict with Taiwan and tighten rules to block U.S. capital from going to Chinese companies.“Today, we are announcing a new initiative, one that will build on this momentum and develop new and significant bipartisan legislation,” Schumer told a press conference.
The bill will also seek funding for additional domestic investments in key technology areas and provide a better U.S. alternative to China’s Belt and Road global infrastructure initiative.
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Source: Reuters - 🏆 2. / 97 Read more »