BREITBART NEWS: China condemned the new U.S. Defense Act signed by President Donald Trump on Monday, claiming it will exacerbate tensions between the two countries already fighting a bitter trade war.
The National Defense Authorization Act authorizes $716 billion in military spending as well as a loosening of restrictions on government contracts with Chinese technology firms ZTE Corp and Huawei.
However, the act also identifies “long-term strategic competition with China” as “a principal priority for the U.S,” while committing to support a self-sufficient Taiwan free from Beijing’s interference.
Chinese officials reacted with particular anger to the strengthening the Committee on Foreign Investment in the United States (CFIUS), which reviews all major foreign investments to determine whether they present a national security threat, claiming the measures was targeting China. In a statement on Tuesday, China’s Commerce Ministry said they would “comprehensively assess the contents” of the act to determine a potential impact on Chinese industry, but remained “strongly dissatisfied” with the outcome.
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