China Finds U.S. ‘Innovation and Competition Act Full of Cold War Mentality’

China reacted strongly today to yesterday’s vote in the U.S. Senate for the so-called “Innovation and Competition Act of 2021.” The Foreign Affairs Committee of Beijing’s National People’s Congress issued an official statement, expressing strong dissatisfaction and firm opposition to the Act: “At a time when the world enters a period of turbulence and change, the practice of treating China as an ‘imaginary enemy’ at every turn is against the general trend of the world, unpopular and doomed to fail…. The bill is full of Cold War mentality and ideological prejudice, slanders China’s development path… [It] seeks to contain China’s development.”