China says US containment bill is "full of Cold War mentality... firmly opposed"

Zhao Lijian, Spokesperson of the Chinese Ministry of Foreign Affairs
Photo by Yonhap News

[Asia Economy Reporter Bu Aeri] The Chinese government expressed its stance on the 7th, regarding the passage of the US Competition Act by the US House of Representatives, which focuses on containing China, stating that it is "filled with Cold War thinking and zero-sum ideology" and "firmly opposes it."

Zhao Lijian, spokesperson for the Chinese Ministry of Foreign Affairs, said at a regular briefing that day, "It slanders China's domestic and foreign policies, promotes strategic competition against China, and arbitrarily mentions issues such as Taiwan, Xinjiang, Hong Kong, and Tibet."

He added, "The United States should view US-China relations objectively and rationally, delete the China-related content from the bill, and stop promoting the bill," emphasizing, "It must stop actions that undermine US-China relations and bilateral cooperation in important areas."

On the 4th, the US House of Representatives passed the 'US Competition Act,' which is regarded as a bill to contain China. The bill focuses on strengthening US competitiveness against China, allocating $52 billion (approximately 62 trillion won) over five years for semiconductor research, design, and manufacturing, and investing a total of $300 billion (approximately 360 trillion won) in research and development. It also includes provisions to strengthen anti-dumping regulations to counter China's trade practices that distort the market.

This content was produced with the assistance of AI translation services.