Just Earth News | @justearthnews | 10 Jun 2021, 06:37 am Print
US-China Image: Pixabay
Washignton: The US Senate on Tuesday passed legislation to counter China's growing influence by investing more than $200 billion in American technology, science and research.
China is gaining influence by investing more than $200 billion in American technology, science and research, reports CNN.
Nineteen Senate Republicans joined Democrats voting for passing the legislation.
Passage is a victory for Majority Leader Chuck Schumer, a New York Democrat who co-wrote and strongly backed the measure, and for President Joe Biden, who made reaching across the aisle a central promise of his governing strategy, although he has faced criticism for moving unilaterally on his largest agenda items to this point,CNN reported.
- PwC to fire 1800 jobs in first major layoffs announced in 15 years
- New ILO report shows global youth unemployment rate dropped to 15-year low in 2023
- American aircraft manufacturer Boeing to plead guilty to criminal charge
- As AI transforms the world, more universities teach the technology
- Global foreign investment declines for second year as geopolitical tensions rise, UN trade body reports
