In US, Push For Law To "Outcompete" China, Invest In Alliances Like India

Wednesday, 24 February 2021Newsdesk

US Senate Majority Leader Chuck Schumer has asked his Democratic colleagues to draft a legislative package to "outcompete" China, create new American jobs and invest in strategic partners and alliances like NATO and India.On a caucus call on Tuesday, Mr Schumer discussed his push to direct Senate committees to draft a legislation to protect American jobs and outcompete China.He said his intention is to put the legislation on the Senate floor for a vote this spring.

New Delhi, 24 February 2021

"Today I directed the chairs and members of our relevant committees to start drafting a legislative package to outcompete China and create new American jobs," Mr Schumer said. The new legislation, he said, must achieve three goals. They should enhance American competitiveness with China by investing in US innovation, American workers and American manufacturing; invest in strategic partners and alliances: NATO, Southeast Asia and India; and expose, curb, and end once and for all China's predatory practices which have hurt so many American jobs, Mr Schumer said. The legislation will have as its centrepiece a bicameral, bipartisan bill, the Endless Frontiers Act, which Mr Schumer introduced last year with Senator Todd Young, Indian-American Congressman Ro Khanna and Senator Mike Gallagh in the House.

Source - NDTV