China denounces US Senate’s $250bn move to boost tech and manufacturing

Beijing says bill seeks to exaggerate so-called China threat' and is full of cold war thinking'

China has denounced a US Senate bill worth about $250bn (175n) that aims to boost American technology and manufacturing prowess as an example of the US hyping up the so-called China threat", and accused Washington of attempting to hinder its development.

The Senate on Tuesday overwhelmingly approved the Innovation and Competition Act, in a rare show of unity in a chamber often filled with political division between Democrats and Republicans.