China Raises Stakes Over Pelosi Trip to Taiwan

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U.S. House Speaker Nancy Pelosi’s potential plan to visit Taiwan during her trip to Asia in August has prompted a belligerent response from China, with the spokesman for the Foreign Ministry warning that Beijing would “act strongly to resolutely respond” and “take countermeasures” if Pelosi traveled to the island. In a news conference on Monday, Foreign Ministry spokesperson Zhao Lijian confirmed a report in the Financial Times over the weekend that said China’s warnings were “significantly stronger” over the House speaker’s potential visit than during the previous times it had been unhappy with U.S. policy toward Taiwan. “The Chinese sidemore

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Biden Presses Computer Chips Case in Advance of Senate Vote

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Calling semiconductors “the building blocks for the modern economy,” President Joe Biden on Monday asked Congress to move quickly and send him a bipartisan bill designed to boost the computer chips industry and high-tech research in the United States.  The Senate was originally expected to take a critical vote in the evening to advance the legislation, but Senate Majority Leader Chuck Schumer, D-N.Y., announced that storms on the East Coast had disrupted travel plans for several senators and that he would be delaying the vote until Tuesday morning. The bill needs support from at least 60 senators to clear proceduralmore

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