WASHINGTON: America plans to spend massively to counter China. According to the Senate, China is America’s biggest geopolitical and geo-economic challenge and the United States to spend more than $250 billion on innovation to ensure that the US remains at the top of technological research and production End Competition Act 2021 passed.
The bill is a rare point of agreement between Republicans and Democrats. In one vote, 68 of the 100-member Senate supported the measure, while 32 opposed. The Senate is equally divided between Republicans and Democrats and experts say the vote shows how united the two political parties are on the need to counter Beijing’s economic and military ambitions. Supporters say the package is one of the largest industrial bills in US history and the largest investment in scientific research the country has seen in decades.
The bill aims to strengthen US competition with China with various measures. The main idea is this, from section 3005, which reads: “The United States must ensure that all federal departments and agencies are organized to reflect the fact that strategic competition with the PRC is the largest land area of the United States.” There is a political and geo-economic challenge.”
To meet that challenge, the Senate authorized a $190 billion budget aimed at increasing massive R&D at universities and other institutions and fostering innovations in artificial intelligence, drones and other emerging technologies. $10 billion is to be invested in ‘regional technology centers’ to create a US version of China’s ‘Special Economic Zone’. A provision of $52 billion has been made for the expansion of domestic semiconductor production. More than $23 billion has also been earmarked for space exploration and development of space industries.
The bill includes several China-specific provisions, including blocking the social media app “Tik Tok” from being downloaded on government devices. The purchase of drones manufactured and sold by Chinese state enterprises would also be blocked under the law. Chinese organizations engaged in US cyber attacks or theft of US intellectual property from US firms will also face sanctions.
The bill also calls for a ban on human rights abuses xinjiang The province and abuses against Uighurs have been mentioned several times, including a diplomatic boycott of the upcoming Beijing 2022 Winter Olympics.
Also starts a new study into the origins of the bill COVID-19, in particular the question of whether the virus came from a laboratory leak or was zoonotic is needed.
China hit back at the bill, saying it “exaggerated China’s threat” and scolded the US for treating China as “an imaginary enemy”. Chinese Foreign Ministry Spokesperson Wang Wenbin suggested that the bill could harm these efforts, adding that it was “filled with cold war and zero-sum thinking and contrary to the public aspiration to strengthen exchanges and cooperation in the two countries.” is”.
“The contents of the bill passed by the US Senate distorts the facts relating to China and condemns China’s development path and its domestic and foreign policies,” he said. “It exaggerates the ‘threat of China’, advocates traditional competition with China and seriously interferes in China’s internal affairs on Taiwan.”
Separately, US Defense Secretary Lloyd Austin also issued an internal directive calling for a number of initiatives to counter China’s timing of how it would work.
The bill is a rare point of agreement between Republicans and Democrats. In one vote, 68 of the 100-member Senate supported the measure, while 32 opposed. The Senate is equally divided between Republicans and Democrats and experts say the vote shows how united the two political parties are on the need to counter Beijing’s economic and military ambitions. Supporters say the package is one of the largest industrial bills in US history and the largest investment in scientific research the country has seen in decades.
The bill aims to strengthen US competition with China with various measures. The main idea is this, from section 3005, which reads: “The United States must ensure that all federal departments and agencies are organized to reflect the fact that strategic competition with the PRC is the largest land area of the United States.” There is a political and geo-economic challenge.”
To meet that challenge, the Senate authorized a $190 billion budget aimed at increasing massive R&D at universities and other institutions and fostering innovations in artificial intelligence, drones and other emerging technologies. $10 billion is to be invested in ‘regional technology centers’ to create a US version of China’s ‘Special Economic Zone’. A provision of $52 billion has been made for the expansion of domestic semiconductor production. More than $23 billion has also been earmarked for space exploration and development of space industries.
The bill includes several China-specific provisions, including blocking the social media app “Tik Tok” from being downloaded on government devices. The purchase of drones manufactured and sold by Chinese state enterprises would also be blocked under the law. Chinese organizations engaged in US cyber attacks or theft of US intellectual property from US firms will also face sanctions.
The bill also calls for a ban on human rights abuses xinjiang The province and abuses against Uighurs have been mentioned several times, including a diplomatic boycott of the upcoming Beijing 2022 Winter Olympics.
Also starts a new study into the origins of the bill COVID-19, in particular the question of whether the virus came from a laboratory leak or was zoonotic is needed.
China hit back at the bill, saying it “exaggerated China’s threat” and scolded the US for treating China as “an imaginary enemy”. Chinese Foreign Ministry Spokesperson Wang Wenbin suggested that the bill could harm these efforts, adding that it was “filled with cold war and zero-sum thinking and contrary to the public aspiration to strengthen exchanges and cooperation in the two countries.” is”.
“The contents of the bill passed by the US Senate distorts the facts relating to China and condemns China’s development path and its domestic and foreign policies,” he said. “It exaggerates the ‘threat of China’, advocates traditional competition with China and seriously interferes in China’s internal affairs on Taiwan.”
Separately, US Defense Secretary Lloyd Austin also issued an internal directive calling for a number of initiatives to counter China’s timing of how it would work.
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