Pelosi says she hopes U.S. Congress can pass China competition bill by July 4

　　div classBodysc17zpet90 cdBBJodivpWASHINGTON Reuters – U.S. House of Representatives Speaker Nancy Pelosi said on Thursday she hoped the Congress can pass the legislation authorizing hundreds of billions of dollars to boost the countrys ability to compete with Chinese technology, by July 4.p

　　pCongress has been working on China competition legislation for more than a year. pdivdivdiv classBodysc17zpet90 cdBBJodiv

　　pThe legislation called the COMPETES Act authorizes almost 300 billion for research and development, including 52 billion to subsidize semiconductor manufacturing and research.p

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　　pp Reporting by David Morgan in Washington, writing by Kanishka Singhp

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