The US Parliament has approved a new bill to address China's economic challenge. The U.S. Defense Department has also issued some orders to compensate for China's military uprising.
The United States has decided to accelerate innovation and scientific research in their country in order to cope with stiff competition from China in international markets. The US Senate has approved an investment of about seven and a half trillion rupees to make this possible. The bill, dubbed the U.S. Innovation and Market Competition Act, is expected to help the United States lead the way in scientific and technological innovation and make it an economically and security-wise country.
China has criticized the US law for interfering in its internal affairs and stifling growth. Meanwhile, US Secretary of Defense Lloyd Austin has issued some directives to address China's challenges to its global dominance in security. These directives also include enhancing cooperation with friendly countries, including India.


English News | Latest English News | Online English News | English News Live | Breaking News | Headlines | India News | World News