US senators announce major cross-party effort to combat China's growing global influence by limiting flow of investment and technology to Asian giant while deterring any potential threat to Taiwan
"The United States cannot afford to cede its leadership to governments opposed to democracy and individual liberty," says Senate Majority Leader Chuck Schumer. / Photo: AFP
Senate Majority Leader Chuck Schumer, D-NY, long a critic of China, is betting that he can forge new bipartisan partnerships on China despite the divides in Congress on other issues. It could also include curbs to prevent China from buying US farmland and provisions that would give the Biden administration more authority to review and potentially restrict foreign-made computer apps.
Relations between Beijing and Washington have been declining steadily for years, with the rivals locking horns over trade, human rights and the origins of Covid-19. The final element of the push will be proposals to deter Chinese aggression against Taiwan — an island considered by Beijing as its breakaway province — crucially, the global leader in manufacturing high-end microchips.
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