WASHINGTON (Reuters) – The U.S. House of Representatives is set to vote next week on an annual defense bill that includes just over $3 billion for U.S. telecom companies to remove equipment made by Chinese telecoms firms Huawei and ZTE (HK:0763) from American wireless networks to address security risks.
The 1,800-page text was released late on Saturday and includes other provisions against China, including requiring a report on efforts by China to evade U.S. national security regulations and an intelligence assessment of the current status of Chinese biotechnology capabilities.
