US House passes sanctions bills targeting China, Russia

The US House of Representatives has passed a series of bipartisan bills targeting China, with a particular focus on curbing industrial espionage, export controls, national security threats, and alleged human rights abuses. Central among these is the Economic Espionage Prevention Act, which authorizes sanctions against foreign entities—especially Chinese firms—suspected of transferring sensitive US technologies to adversaries such as Russia. Additional measures aim to deepen US ties with Taiwan and protect certain religious groups. In parallel, lawmakers introduced the 'Fortifying U.S. Markets from Chinese Military Aggression Act' to prepare US financial markets for potential disruptions in the event of a Chinese invasion of Taiwan, given Taiwan’s critical role in advanced semiconductor manufacturing. The proposed legislation seeks to establish an advisory committee to identify market vulnerabilities and ensure a coordinated economic response to possible conflict scenarios. These moves reflect heightened US-China tensions amid ongoing competition for technological and economic dominance.