In the midst of escalating tension between Washington and Beijing, U.S. Senate Majority Leader Chuck Schumer travelled to China on Saturday in the company of a congressional delegation from both parties. U.S. officials stated that the trip’s objective is to advance the country’s economic and national security objectives. While in China, the group hopes to meet Chinese President Xi Jinping. Schumer and Democratic committee leaders announced in May that they would draught legislation to restrict the flow of technology to China, prevent it from starting a conflict with Taiwan, and tighten regulations to block U.S. capital from leaving the country after passing a broad bill last year to increase competition with China in semiconductors and other technologies. In the midst of escalating tension between Washington and Beijing, U.S. Senate Majority Leader Chuck Schumer travelled to China on Saturday in the company of a congressional delegation from both parties. U.S. officials stated that the trip’s objective is to advance the country’s economic and national security objectives. While in China, the group hopes to meet Chinese President Xi Jinping. Schumer and Democratic committee leaders announced in May that they would draught legislation to restrict the flow of technology to China, prevent it from starting a conflict with Taiwan, and tighten regulations to block U.S. capital from leaving the country after passing a broad bill last year to increase competition with China in semiconductors and other technologies. The Biden administration has restricted chip exports to China, claiming that this is done to prevent Beijing from gaining access to cutting-edge technology that could accelerate military advancements or human rights violations. In response, China levelled charges of economic coercion. In August, Raimondo claimed that American businesses had complained to her that China had become “uninvestable,” citing fines, raids, and other activities that made doing business there risky. “For U.S. business in many cases, patience is running thin, and it’s time for action,” she said. (With agency inputs)
U.S. officials stated that the trip’s objective is to advance the country’s economic and national security objectives. While in China, the group hopes to meet Chinese President Xi Jinping
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