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U.S. Senate Unveils Strategy to Counter China With New Bill

  • Bill calls for cooperation with allies, investment in U.S.
  • Legislation is part of Schumer’s broader plan to act on China
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WATCH: The Senate has introduced a new bill which directs the government to adopt the policy of “strategic competition” with China. Emily Wilkins reports.(Source: Bloomberg)
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The Senate’s approach to counter China is taking shape with a bill introduced Thursday directing the U.S. government to adopt a policy of “strategic competition” with China to “protect and promote our vital interests and values.”