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Chinese President Xi Jinping in Beijing in may 2021. Photo: Ju Peng/Xinhua via Getty Images

China criticized a sweeping Beijing-focused global competition bill passed by the U.S. Senate on Tuesday, calling the $250 billion package "full of Cold War mentality," according to the Washington Post.

Why it matters: The bill officially designates China as the "greatest geopolitical and geoeconomic challenge" to U.S. foreign policy, a sign of the solidified bipartisan consensus of the need to curtail Beijing's global influence and abuses.

  • The U.S. Innovation and Competition Act seeks to direct billions of dollars toward rejuvenating U.S. manufacturing and research, including by boosting domestic semiconductor production and development of artificial intelligence, quantum computing, robotics and 5G.
  • The bill, which is backed by President Biden but must still be passed by the House, also authorizes new funding for the National Science Foundation and establishes a new technology directorate.

Driving the news: Chinese lawmakers are set to meet this week to discuss legislation to counter U.S. sanctions, which the Trump and Biden administrations have imposed in various forms for the Communist Party's human rights abuses.

What they're saying: “The bill is full of Cold War mentality and ideological prejudice,” the Foreign Affairs Committee of China’s National People’s Congress — the country's rubber-stamp legislature — said in a statement Wednesday.

  • “It slanders China’s development path and its domestic and foreign policies," it added.

The big picture: The Biden administration implemented another measure aimed at China Tuesday by announcing the creation of a task force to review supply chain disruptions with goods critical to U.S. national security, such as semiconductors, batteries, pharmaceuticals and rare earth minerals.

  • It will also investigate unfair trade practices that may contribute to disruptions, which could be addressed with tariffs or other remedies against China and other countries, according to Reuters.

Go deeper: Biden bans U.S. investment in companies linked to China's surveillance activities

Go deeper

Sep 16, 2021 - World

U.S. raises ire of China and France with new global pact

President Biden at the White House during a virtual event Wednesday with Australian Prime Minister Scott Morrison (L) and United Kingdom Prime Minister Boris Johnson. Photo: Win McNamee/Getty Images

China's D.C. embassy said Thursday in response to a new security pact between the U.S., United Kingdom and Australia that the countries should "shake off their Cold-War mentality and ideological prejudice," per the Australian Associated Press.

Why it matters: The AUKUS partnership is a warning to China's government as the Biden administration moves to counter Beijing in the Indo-Pacific. It's also raised the ire of the French government, after the countries revealed the U.S. and U.K. would help Australia acquire nuclear-powered submarines.

Sep 16, 2021 - World

Blinken, Austin call out China at event on Australia security pact

Blinken and Austin. Photo: Andrew Harnik/POOL/AFP via Getty Images

Secretary of State Antony Blinken and Defense Secretary Lloyd Austin condemned China's "aggressive" and "destabilizing" behavior at a press conference Thursday, as they inaugurated a major new trilateral security partnership with Australia and the U.K.

Why it matters: China was not explicitly mentioned in President Biden's announcement of the AUKUS alliance, through which the U.S. and the U.K. will help Australia acquire nuclear-powered submarines as part of a broader effort to ensure "peace and stability in the Indo-Pacific."

Sep 15, 2021 - World

Australia to acquire nuclear submarines in historic security pact with U.S., U.K.

Photo: Brendan Smialowski/AFP via Getty Images

The U.S. and U.K. will help Australia acquire nuclear-powered submarines as part of a historic trilateral security partnership announced Wednesday afternoon by the leaders of the three countries.

Why it matters: The partnership, known as AUKUS, is a major strategic pact that will bind the U.S. and U.K. to Australia's security for generations — and a warning to China as the Biden administration continues to lay the groundwork for countering Beijing in the Indo-Pacific and beyond.

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