More on the US law to strengthen US ability to compete with China

Reuters have a (very little) more up on the news, just a background piece really but worth a catch up if you need:
  • package of legislation intended to boost the country’s ability to compete with Chinese technology
  • bipartisan measure
  • about $190 bn for provisions to strengthen U.S. technology and research
  • plus $50 bn to increase U.S. production and research into semiconductors and telecommunications equipment

Can’t hurt I guess … 

Invest in yourself. See our forex education hub.

Articles You May Like

Gold heads for worst week in 9 months after Fed blow
Gold price today: Yellow metal tops Rs 47,200, silver trades flat
Gold edges higher by Rs 45; silver slips to Rs 66,389
Oil gains on OPEC outlook that US output growth will slow
U.S. Treasury auctioned off $61 billion of 5 year notes at a high yield of 0.904%

Leave a Reply

Your email address will not be published. Required fields are marked *