China Says Biggest Threat To U.S. Is U.S. Itself As Bill To Fund Competition Passes
Beijing believes that the United States’ greatest rival is not China, but the U.S. itself. Chinese Foreign Ministry spokesperson Wang Wenbin criticized what he referred to as the “Cold War zero-sum mentality” that filled the U.S. Innovation and Competition Act passed Tuesday by lawmakers in Washington. A key point of the legislation is billions in funding for research and development, supply chains and other areas meant to “address the rising military, geopolitical, and economic competition from China....