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

  • U.S. Commerce Secretary Raimondo recently visited China and met with U.S. companies about difficulties doing business there.

  • In China, Raimondo talked up companies' desire to do business there but said they need a predictable regulatory environment.

  • She said American companies complain China has become "uninvestible" due to fines, raids, and other unpredictable actions.

  • Raimondo hopes to see some progress in the next few months on market access and other issues raised during her visit.

  • After the trip, Raimondo said patience is running thin and it's time for action from China on U.S. business challenges.

yahoo.com
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