US, China agree to discuss export controls as commerce secretary visits to warm up chilly 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.

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8/22/2023

US commerce secretary will visit China next week at a critical moment for the world's top two economies

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.

8/24/2023

China Hopes To Resolve Economic, Trade Issues With US

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.

8/26/2023

US’ restrictions on tech exports in focus during Raimondo’s high-stakes visit to China

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.

8/29/2023

Commerce chief says US firms complain China is 'uninvestible'

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.

8/29/2023

US commerce secretary rejects Chinese appeal to ease export controls

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.

9/12/2023

Raimondo Urges China to Improve Business Climate for U.S. Companies During Visit

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.