China blasted U.S. motivations underpinning a nearly $250 billion bill the Senate just passed to invest in manufacturing and technology in an effort to outcompete Beijing.
While China is committed to “developing a win-win relationship” with the U.S., the legislation “distorts the facts, and slanders China’s development path and domestic and foreign policies,” Foreign Ministry Spokesman Wang Wenbin said on Wednesday at a regular press briefing in Beijing.