U.S. Senate Passes Sweeping Bill to Address China Tech Threat

U.S. Senate voted 68-32 to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technol

The U.S Senate has passed a bill to address China's tech threat. The desire for a hard line in dealings with China is one of the few bipartisan sentiments in the deeply divided U.S. Congress, which is narrowly controlled by President Joe Biden’s fellow Democrats. The measure authorizes about $190 billion for provisions to strengthen U.S. technology and research – and would separately approve spending $54 billion to increase U.S. production and research into semiconductors and telecommunications equipment, including $2 billion dedicated to chips used by automakers that have seen massive shortages and made significant production cuts.

China’s parliament has, however, expressed “strong indignation and resolute opposition” to the bill. It said in a statement that the U.S. bill showed “paranoid delusion of wanting to be the only winner” and had distorted the original spirit of innovation and competition. Chinese foreign ministry spokesman Wang Wenbin is quoted by reporters in Beijing “We firmly object to the United States seeing China as an imaginary enemy.”