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US Congress to take bills to cut China's grip in EV, biotech up
The Morning Standard
|September 10, 2024
HOW to curb and counter China's influence and power - through its biotech companies, drones and electric vehicles- will dominate the US House's first week back from summer break, with lawmakers intending to take up a series of measures targeting Beijing.
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Washington views Beijing as its biggest geopolitical rival, and the legislation is touted as ensuring the US prevails in the competition.
Many of the bills scheduled for a vote this week appear to have both Republican and Democratic support, reflecting strong consensus that congressional actions are needed to counter China.
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