US Senate passes broad US$250 billion legislation to counter and compete with ChinaUnited States & Canada – South China Morning Post

Source: United States & Canada – South China Morning PostIn a rare show of bipartisan solidarity in the polarised US Capitol, the Senate came together on Tuesday to pass sweeping legislation designed to strengthen Washington’s hand in its escalating geopolitical and economic competition with China.By a vote of 68 to 32, the 2,400-page US Innovation and Competition Act of 2021 brought together a coalition of progressives, moderates and conservatives who, despite their intense disagreements on nearly every other consequential policy issue, have become…Read More

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