This rare bipartisan agreement underscores U.S. worries over China's development of advanced technology in an intensifying global battle for tech supremacy.
The bipartisan measure contains some language that differs from an earlier version of the Outbound Investment Transparency Act introduced two years ago that would have restricted investment.
The Senate overwhelmingly backed legislation Tuesday that would require U.S. firms to notify the Treasury when investing in advanced Chinese technology, on the basis of national security concerns. The latest legislation, which does not require review or investment curbs, still faces a process before it can become law. It is one of several measures in a protracted backlog of proposed legislation policymakers on the Hill are rushing to clear ahead of a month-long recess in August.
France Dernières Nouvelles, France Actualités
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