Home / Market Update / China Strongly Opposes US Bill Addressing Beijing’s Tech Threat

China Strongly Opposes US Bill Addressing Beijing’s Tech Threat

China’s parliament expresses strong indignation and resolute opposition to the US bill addressing technology threat from Beijing, per Xinhua News Agency.

China’s response comes after “the US Senate voted 68-32 on Tuesday to approve a sweeping package of legislation intended to boost the country’s ability to compete with Chinese technology,” Reuters reports.

Check Also

Canadian Dollar Gives Up Gains as Geopolitical Risks and Fed Outlook Lift US Dollar

As geopolitical uncertainty strengthens demand for the greenback, the Canadian Dollar surrendered much of its …