Healthy competition between the U.S. and China should be focused on market principles and self-betterment rather than the geopolitical challenges that now serve as the defining characteristics of the relationship, the Chinese embassy in the U.S. said on Tuesday. In a statement titled “ A few observations on ‘competition’ and the China-U.S. relationship ,” the embassy laments how the Biden administration and U.S. lawmakers have approached relations with China. China opposes “using ‘competition’ to define the U.S. relationship,” the statement...