Sunday, June 4, 2023

US senators announce plans to fight Chinese influence

A group of US senators has unveiled a plan to deal with China’s growing influence in the world. The plan is based on five points and focuses on limiting the investment and technology that China receives, as well as deterring any threats against Taiwan. Senate Democratic Majority Leader Chuck Schumer said that if the United States does not act, the democratic nations of the world will suffer serious consequences.

The senators’ plan includes examining export restrictions and sanctions to restrict Beijing’s ability to acquire and steal American innovations in technologies such as artificial intelligence. The Treasury and Commerce Department would have the power to review and stop the flow of money going to Chinese high-tech companies. The initiative also seeks to support small American businesses and strengthen the process for assessing the national security implications of foreign investment in the United States.

The plan also includes proposals to deter Chinese aggression on Taiwan, which China considers part of its territory. Lawmakers will work with their Republican counterparts to draft the necessary bills to accomplish these goals.

Relations between China and the United States have deteriorated due to trade competition, human rights and the origin of covid-19. The senators warn that the Xi Jinping regime works every day to catch up and overtake the United States and that time is not on America’s side.

In short, the bipartisan plan of US senators seeks to limit China’s influence in the world and deter any threat against Taiwan. This will be achieved through laws to limit investment and technology that China receives, as well as through sanctions and support for American small businesses. Lawmakers will work with their Republican counterparts to draft the necessary bills to accomplish these goals.

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World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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