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U.S. Senate votes to open debate on China tech invoice By Reuters 



© Reuters. FILE PHOTO: Chinese language and U.S. flags flutter outdoors an organization constructing in Shanghai, China April 14, 2021. REUTERS/Aly Tune/File Picture

WASHINGTON (Reuters) – The U.S. Senate voted 86-11 Monday to open debate on a measure authorizing greater than $110 billion for fundamental and superior know-how analysis over 5 years within the face of rising aggressive stress from China.

The Limitless Frontier Act would authorize a lot of the cash, $100 billion, to spend money on fundamental and superior analysis, commercialization of the analysis, and training and coaching applications in key know-how areas.

Senate Democratic Chief Chuck Schumer stated the Senate will debate the invoice for every week or two starting on Tuesday, and referred to as it a “once-in-a-generation funding in American science and American know-how.”

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