• The anti-China bill was passed by the Upper House of the US Parliament by a vote of 68 to 32. After the House of Representatives is passed, the package will go into effect as soon as President Joe Biden is signed.

The US Senate has passed an important economic package bill to increase its competitiveness against China, which is rapidly advancing in technology. Under this, the US will spend $ 250 billion to increase research and production capacity.

Upper House Senate approved anti-package by more than 68 votes against 32, the technical capacity expansion will help
This anti-China bill was passed by the Upper House of the US Parliament by a vote of 68 to 32. After the House of Representatives is passed, the package will go into effect as soon as President Joe Biden is signed.

Under the proposal, a provision of $ 190 billion has been made for improving technical research and $ 54 billion for research and production of semiconductor and telecommunication equipment. In this, two billion dollars have been specially earmarked for the chip used in vehicle manufacturing. There has been a huge decrease in chip manufacturing during the Corona period.

Senators supporting the bill say it is one of the largest bills ever in scientific research in American history. Senate Majority Leader Chuck Schumer said, “I am confident that after this law is enacted, America will go a long way not only in research but also in production.”

To remain in the race against China, investment in research is necessary. Also said, if we do not do anything today, America’s dominance as a superpower may end.

LEAVE A REPLY

Please enter your comment!
Please enter your name here