is mostly affecting firms listed outside the country, helping to create a big performance gap between onshore and offshore Chinese stocks.
The wider index includes some shares listed in Shanghai and Shenzhen, but is heavily tilted toward internet companies, most of which are listed in Hong Kong and the U.S.
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Senate passes bill to boost US tech industry, counter rivalsWASHINGTON (AP) — The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. Can't have voting rights or infrastructure but yes to boosted stocks. All it would Take is 2 Republican Senators to DO THE RIGHT THING VOTE YES on S.1 Make Sen_JoeManchin SenatorSinema IRRELEVANT What's REALLY Going to MATTER in the LONG RUN? What LeaderMcConnell Thinks about You or What HISTORY Thinks? It's YOUR LEGACY DO THE RIGHT THING The 25 richest Americans including Jeff Bezos, Mike Bloomberg and Elon Musk paid relatively little — and sometimes nothing — in federal income taxes between 2014 and 2018, according to an analysis of IRS filings by ProPublica.
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