Chinese Premier Li Qiang acknowledges that bilateral relations and economic cooperation between China and the United States are facing difficulties and calls for sincerity, mutual efforts, and the protection of international trade rules.
US Commerce Secretary Gina Raimondo will visit China at a critical time as China's economy faces challenges that could potentially spread beyond its borders and impact the US relationship with the country, including falling consumer prices, a real estate crisis, slumping exports, and youth unemployment, while China continues its crackdown on foreign companies and a battle over crucial technologies escalates.
China's commerce ministry spokesperson, Shu Jueting, expressed China's willingness to engage in comprehensive discussions with the United States to address economic and trade issues during the upcoming visit of U.S. Commerce Secretary Gina Raimondo.
US Secretary of Commerce Gina Raimondo's visit to China will test the sincerity of the US in pursuing dialogue, particularly regarding the country's restrictions on tech exports, according to Chinese experts. Both sides remain committed to dialogue despite strained bilateral relations, but the US must demonstrate actual efforts rather than just rhetoric to improve economic and trade relations.
U.S. Commerce Secretary Gina Raimondo will visit China to discuss high-tech fields such as semiconductors and artificial intelligence with the aim of fostering dialogue between the two nations.
Chinese blue chips rally as Beijing introduces measures to support the market, including reducing stamp duty on stock trading and approving the launch of retail funds, while US Commerce Secretary Gina Raimondo begins talks with Beijing to boost business ties.
Commerce Secretary Gina Raimondo and her Chinese counterpart have agreed to exchange information on U.S. export controls and establish a working group to discuss trade and investment issues, but no progress has been made on disputes over technology, security, human rights, and tariffs.
U.S. Commerce Secretary Gina Raimondo has stated that American companies are viewing China as "uninvestible" due to fines, raids, and other risky actions taken by the Chinese government, presenting a bleak picture of American firms' perception of doing business in China.
U.S. Commerce Secretary Gina Raimondo rejected China's appeal to reduce U.S. export controls on technology with potential military applications but agreed to have experts meet to discuss disputes over protecting trade secrets, as efforts continue to restore strained relations between the two countries.
Commerce Secretary Gina Raimondo acknowledges the existence of inflation and its impact on Americans while highlighting the progress made by the Biden administration on the economy, as reflected in the August jobs report.
China's top security agency suggests that a meeting between President Xi Jinping and President Joe Biden in San Francisco will depend on the United States demonstrating enough sincerity in their actions towards China.
The US Treasury Secretary, Janet Yellen, expressed concerns about China's economic challenges and its potential impact on the global economy, while also noting that China has the policy tools to address these challenges.
Vice President Kamala Harris emphasizes that managing the US-China relationship involves de-risking and understanding rather than decoupling, emphasizing the need to protect American interests and lead in setting the rules of the road.
China's economic problems are more likely to impact its neighboring countries and Europe than the United States, according to U.S. Deputy Treasury Secretary Wally Adeyemo, who emphasized the need for China to address its structural economic issues.
U.S. Commerce Secretary Gina Raimondo plans to meet with major American company CEOs following her recent trip to China, where she expressed concerns about business conditions and hopes for improved market access and regulatory environment.
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