Home » Politics » Chinese official accuses US lawmakers of 'Chinaphobia' after report on meddling in Federal Reserve
Chinese official accuses US lawmakers of 'Chinaphobia' after report on meddling in Federal Reserve
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A Chinese official accused some U.S. lawmakers of having "Chinaphobia" on Wednesday after a US Senate committee released a report alleging that China has targeted the U.S. Federal Reserve in an attempt to undermine American monetary policy for nearly a decade.
"The so-called report you mentioned is political disinformation fabricated by a handful of Senate Republicans and completely ungrounded," Chinese Foreign Ministry spokesperson Zhao Lijian said at a press briefing on Wednesday. "It seems that some U.S. politicians might be suffering a ‘Chinaphobia’ or persecutory delusion, and displaying quite serious symptoms."
Zhao's comments come after Republicans on the Senate Homeland Security and Government Affairs Committee released a report outlining how China tried targeting employees of the Federal Reserve in an attempt to gain access to nonpublic information about American monetary policy.
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