WASHINGTON: The US Senate passed a sweeping industrial policy bill Tuesday aimed at countering the surging economic threat from rival China, overcoming partisan divisions to support pumping more than $170 billion (RM 700 billion) into research and development.With both American political parties increasingly worried about competition from Asia’s largest power, the measure cleared the chamber on a 68-32 vote, one of the most significant bipartisan achievements in Congress since Joe Biden’s presidency began in January.It also represents the largest investment in scientific research and technological innovation “in generations,“ according to Senate Majority Leader Chuck Schumer.The bill now hea
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