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Schumer: Senate Will Take Up China-Related Measures Next Week

US-CHINA

Senate majority leader Chuck Schumer (D-NY) has stated that the Senate will take up a number of bipartisan China-related measures next week, including the USD100bn tech investment programme aimed at countering Chinese tech influence known as the 'Endless Frontier Act'.

  • Schumer has stated that he wants to see the legislation - approved in committee by 24 votes to 2 - approved on the Senate floor by the end of the month.
  • The Endless Frontier Act would provide funds over the course of 5 years to invest in high and low tech research into areas such as quantum computing, AI, and semiconductors - areas where China is viewed to have significant tech knowledge and resources.

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