U.S. House committee advances China bill without Republican backing By Reuters

© Reuters. FILE PHOTO: Chairman Rep. Gregory W. Meeks looks on as Secretary of State Antony Blinken testifies before the House Committee on Foreign Affairs on the Biden Administration’s Priorities for U.S. Foreign Policy on Capitol Hill in Washington, DC, U.S., Marc

By Patricia Zengerle

WASHINGTON (Reuters) – A U.S. House of Representatives committee advanced legislation on Thursday intended to boost competitiveness with China, without support from Republicans who objected to some climate-related provisions and said it was too soft on Beijing.

The “Ensuring American Global Leadership and Engagement Act,” or Eagle Act, passed the House Foreign Affairs Committee by 26-20, with Democrats voting yes and Republicans opposed.

The vote came as President Joe Biden’s administration and both parties in Congress seek to push back against China’s increasing international influence.

Democratic Representative Gregory Meeks, the committee’s chairman, said the bill included robust provisions addressing issues such as China’s alleged human rights abuses of the Uyghur Muslim minority in its Xinjiang region, closer ties to Taiwan and the need to provide special immigration status to residents of Hong Kong.

Republicans said they felt the Eagle Act called for too many studies and would be a missed opportunity to take meaningful action like tightening control of technology exports to Beijing.

Democrats said they would not give in on the bill’s climate provisions, calling them essential to compete on green energy.

Among other things, the measure would provide billions of dollars for the United Nations Green Climate Fund, which Republicans dismissed as a “slush fund” for the world body.

The desire for a hard line in dealings with China is one of the few truly bipartisan sentiments in the deeply divided U.S. Congress, which is narrowly controlled by Biden’s fellow Democrats.

The administration is planning to impose sanctions on Friday on a number of Chinese officials over Beijing’s crackdown on democracy in Hong Kong. On Wednesday the Senate unanimously passed legislation to ban the import of all products from the Xinjiang region.

The Senate on June 8 passed by a strong bipartisan majority its own sweeping China bill authorizing about $190 billion for provisions to strengthen U.S. technology and research, and approving $54 billion to increase U.S. production and research in semiconductors and telecommunications equipment.

However, rather than vote on the Senate bill, various House committees have been writing their own legislation, meaning it will take months for the House to pass something equivalent to the Senate measure.

It was not immediately clear when the Eagle Act might come up for a vote in the full House.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Most Related Links :
Business News Governmental News Finance News

Need Your Help Today. Your $1 can change life.

[charitable_donation_form campaign_id=57167]

Source link

Back to top button