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Saturday, May 25, 2024

Commerce Secretary Gina Raimondo to Go to China Subsequent Week


Gina Raimondo, the secretary of commerce, will journey to Beijing and Shanghai for a sequence of conferences subsequent week, turning into the most recent Biden official to go to China as the US seeks to stabilize the connection between the international locations.

Ms. Raimondo will meet with senior Chinese language officers and American enterprise leaders between Sunday and subsequent Tuesday, the Division of Commerce mentioned in an announcement Tuesday. The division mentioned Ms. Raimondo was wanting ahead to “constructive discussions on points regarding the U.S.-China business relationship, challenges confronted by U.S. companies and areas for potential cooperation.”

The secretary will go to throughout a interval of tensions between Washington and Beijing, and amid excessive volatility within the Chinese language financial system, which is fighting stalling development, an actual property disaster and lackluster client confidence.

The Biden administration has dispatched a sequence of officers to China in latest months in an try to revive some stability to the bilateral relationship, after the flight of a Chinese language surveillance balloon throughout the US early this yr left ties badly frayed.

Since June, Secretary of State Antony J. Blinken, Treasury Secretary Janet L. Yellen and the presidential local weather envoy, John Kerry, have made journeys to fulfill with counterparts in China. The conferences might probably pave the way in which for a go to by China’s chief, Xi Jinping, to the US this fall.

As the cupboard official most answerable for selling the pursuits of American companies overseas, Ms. Raimondo is more likely to attempt to increase some business relations, and categorical issues a few latest crackdown on companies with overseas ties in China. A Chinese language statistics company introduced that it had imposed fines of almost $1.5 million on the Mintz Group, an American company investigations agency that was raided in March, after discovering that the corporate had engaged in “foreign-related” surveys with out official permission.

The conferences are additionally anticipated to the touch on the expertise restrictions that Ms. Raimondo’s division oversees, which have prohibited corporations in fields like synthetic intelligence and quantum computing from sharing their most superior expertise with China. China has strongly objected to these restrictions.

Final month, U.S. officers mentioned Chinese language hackers, most probably affiliated with the nation’s navy or spy providers, had obtained Ms. Raimondo’s emails, in a hack that State Division cybersecurity specialists found in June. The hackers penetrated electronic mail accounts belonging to State and Commerce Division officers, the U.S. officers mentioned.

Li You contributed analysis from Shanghai.


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