- Congress has introduced and passed a $900 billion defense bill primarily aimed at countering China’s influence.
- The bill includes new investment restrictions targeting Chinese firms and interests to safeguard U.S. economic security.
- It places bans on military technology exchanges with China to protect sensitive technological advancements.
- The legislation provides a 4% salary increase for U.S. troops across the nation, enhancing military personnel compensation.
- This comprehensive defense package underscores a strategic shift towards addressing growing concerns over China’s global influence.
Source: https://www.foxnews.com/politics/congress-unveils-900b-defense-bill-targeting-china-tech-bans-investment-crackdown)