China has slammed the new U.S. law on so-called forced labor in the Xinjiang Uygur Autonomous Region and rejected allegations of genocide in the region as vicious lies. 

The Chinese Foreign Ministry said the U.S. disregards facts and truth, citing Xinjiang's economic development and social stability recognized by the international community. This came after U.S. President Joe Biden on Thursday signed into law the Uyghur Forced Labor Prevention Act. 

The Ministry of Commerce has also condemned the U.S. move as economic bullying. It said the law severely violates market principles, and harms the interests of enterprises and consumers from both countries.