Legislators in the United States Senate have launched their latest attempt to counter China, including a bill that top Democrats say aims to limit the flow of technology to Beijing, deter China from initiating a conflict with Taiwan, and tighten rules to block US capital from going to Chinese firms.
Senate Majority Leader Chuck Schumer announced on Wednesday that he will begin crafting the major legislative push, which follows the passage of a bill last year that sought to boost Washington’s competition with Beijing in semiconductors and other technology.
