U.S. passes bill to address China Tech Threat
The U.S. Senate voted 68-32 to approve a “sweeping package of legislation” in a bid to boost USA’s ability to compete with Chinese technology. China, while responding to vote, objected to being cast as an imaginary U.S. enemy
Key Points
This measure approved about $190 billion for provisions of strengthening technology and research in United States. $54 billion was approved to increase US production & research into semiconductors & telecommunications equipment. $2 billion were dedicated to chips used by automakers.
How China responded?
Chinese parliament while expressing “strong indignation and resolute opposition” to legislation describe the bill as “paranoid delusion of wanting to be the only winner”. China said, bill has distorted original spirit of innovation and competition.
Provisions of the bill
- Bill comprises of a number of China-related provisions.
- Prohibits social media app TikTok from being downloaded on government devices.
- Block purchase of drones manufactured and sold by companies backed by Chinese government.
- Allows diplomats & Taiwanese military to display their flag and wear their uniforms while in United States on official businesses.
- Creates broad new sanctions on Chinese entities engaged in U.S. cyberattacks or theft of U.S. intellectual property from U.S. firms.
- Provides for review of export controls on items which could be support human rights abuses.
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Month: Current Affairs - June, 2021