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The House of Representatives passed a bill to bolster American competitiveness against China on a near party-line vote Friday, but the legislation may not pass the Senate.
House Republicans are staunchly opposed to Democrats’ bill to bolster American competitiveness against China, complicating their goal of passing legislation by March 1.
House Democrats unveiled a bill aimed at bolstering U.S. competitiveness with China that jumpstarts domestic research, development and semiconductor chip production.
House Speaker Nancy Pelosi said that Democrats would shift their focus to passing a government funding and China competitiveness bill after their legislative failures.
The world needs to discard Cold War mentality and seek peaceful coexistence and win-win outcomes, Chinese President Xi Jinping said emphasising that the world is far from being tranquil and "rhetorics that stoke hatred and prejudice abound"