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.