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S5/10Economic

US must innovate faster to counter China’s tech rise, lawmakers told

A US congressional hearing on Tuesday urged the United States to innovate faster, smarter and better to counter China’s growing technological muscle, even as several lawmakers slammed the US President Donald Trump administration for policies they said undercut US national interests.

The testimony before the House Committee on Energy and Commerce comes as the two economic giants increasingly and aggressively face off over standards, economic models and supply chains, despite last month’s summit...

Source: South China Morning PostOriginal source

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