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Potential CFIUS Implications Of Proposed Strategic Competition Act Of 2021 - Government, Public Sector

The Strategic Competition Act of 2021, 1 approved by the Senate Foreign Relations Committee on April 21, 2021, signals continued bipartisan consensus to orient U.S. policy towards aggressive action to counter China. Given the broad bipartisan support in Washington to address Chinas malign activities, the bill will likely pass the Senate and House of Representatives. This bill is a useful barometer of congressional sentiment towards China and may guide the Biden administrations future China-re...
United States Department Of Education District Of Columbia Hong Kong United Kingdom Stevent Dennis
Source: mondaq.com

Biden's Domestic Policy Is His China Policy | The National Interest

Biden’s Domestic Policy Is His China Policy Biden made it clear that central to his rationale for making domestic investments is the long-term aim to “outcompete” China. President Joe Biden’s speech before a joint session of Congress last April made it clear that he views competition with China and “rescue and renewal” at home as inextricably interlinked. In other words, Biden’s domestic policy is his China policy. In his speech, Biden focused on his two major proposals for “onc...
United States White House District Of Columbia Daniel Drezner Harry Truman Thomas Wright

Can the Biden Agenda Fix Middle America's Deepest Problem?

Can the Biden Agenda Fix Middle America’s Deepest Problem? One key economic goal is to create the virtuous cycles of innovation and jobs that already occur in many coastal cities. A farm near Allen, Neb., last year. In much of the middle of the country, population loss and economic decline have fed on each other, a cycle the Biden administration hopes to break. Credit...Brian Lehmann for The New York Times May 5, 2021, 5:00 a.m. ET Last week, the Census Bureau said that the last decade�...
New York United States Andrew Spear Mark Muro Gaylor Baird John Lettieri

Can Biden fix Middle America's economic problems? – Finance & Commerce

.  Last week, the Census Bureau said that the last decade’s population growth was the slowest in generations. Also last week, President Joe Biden addressed Congress and laid out a wide-ranging, multi-trillion dollar economic agenda. The two developments are tightly related. For much of the United States, a demographic crisis and an economic crisis are two sides of the same coin. In many cities and regions, a shrinking population reduces the tax base, leading to underinvestment and deteriorat...
New York United States Marshall University West Virginia Mark Muro Gaylor Baird

U.S. lawmakers intensify bipartisan efforts to counter China

U.S. lawmakers intensify bipartisan efforts to counter China FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang April 22, 2021 By Patricia Zengerle and Michael Martina WASHINGTON (Reuters) -A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday as a Senate committee overwhelmingly backed a bill pressing Beijing on human rights and economic competition, while other lawmaker...
United States Hong Kong Michael Martina Sonya Hepinstall Wang Wenbin Patricia Zengerle
Source: oann.com

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Sen. Chuck Schumer launches $160 billion technology initiative

Sen. Chuck Schumer launches $160 billion technology initiative Emily Steinberger | Photo Editor Schumer announced the initiative alongside Chancellor Kent Syverud, Onondaga County Executive Ryan McMahon and Syracuse Mayor Ben Walsh. Facebook Subscribe to our newsletter here. Senate Majority Leader Chuck Schumer (D-NY) launched his initiative to invest in and develop innovations in technology during a press conference at Syracuse University on Monday. Schumer announced the $160 billion piece of...
New York United States Syracuse University Ben Walsh Ryan Mcmahon Kent Syverud

Bipartisan group of lawmakers push $100 billion investment in science to compete with China

Bipartisan group of lawmakers push $100 billion investment in science to compete with China The bills purpose is to have the government strengthen the private sector and university research efforts in advanced technologies with federal funding. By Story at a glance: Democrats and Republicans do not want China to have a technological advantage over the U.S. The Chinese Communist Party is rapidly advancing because of intellectual property theft and industrial espionage, said Re...
United States Mike Gallagher Todd Young Senate Commerce Committee Information Technology Senate Democratic Leader Chuck Schumer

Sen. Coons joins Majority Leader Schumer, Sen. Young in introducing bipartisan bill to bolster US global leadership and competitiveness

× Sen. Coons joins Majority Leader Schumer, Sen. Young in introducing bipartisan bill to bolster US global leadership and competitiveness April 21, 2021 Endless Frontier Act proposes strengthening of National Science Foundation, $100 billion for advancing strategically important science and tech R&D, and $10 billion for establishment of regional technology hubs across the country to launch new innovations, revive American manufacturing, and help lead to the creation of new jobs to jumps...
United States Rob Portmanr Ohio Maggie Hassan Todd Young Lindsey Graham Ro Khannad Calif
Source: witn22.org

US Lawmakers Back $100 Billion Science Push to Compete With China

US Lawmakers Back $100 Billion Science Push to Compete With China A bipartisan group of U.S. lawmakers on April 21 introduced legislation calling for $100 billion in government spending over five years on basic and advanced technology research and science in the face of rising competitive pressure from the Chinese regime. The measure, sponsored by Senate Democratic Leader Chuck Schumer, Republican Senator Todd Young and others, would also authorize another $10 billion to designate at least 10 r...
United States Mike Gallagher Todd Young Joe Biden Senate Commerce Committee Information Technology

US Lawmakers Intensify Bipartisan Efforts to Counter China

US Lawmakers Intensify Bipartisan Efforts to Counter China A bipartisan U.S. congressional push to counteract China picked up steam on Wednesday as a Senate committee overwhelmingly backed a bill pressing Beijing on human rights and economic competition and other lawmakers introduced a measure seeking billions for technology research. The Senate Foreign Relations Committee backed the “Strategic Competition Act of 2021” by 21-1, sending the bill for a vote in the 100-member Senate, ev...
United States Hong Kong Bob Menendez Chuck Schumer Muslim Uighurs Mitt Romney

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