U.S. Commerce Secretary Gina Raimondo has called on China to improve the predictability of the business environment for American companies in the country. She stated that there is a desire to do business with China, but there needs to be predictability, due process, and a level playing field. Raimondo also emphasized the need to protect national security and prevent advanced technology from benefiting China's military. Both the U.S. and China have agreed to establish regular communication channels on commerce, export controls, and protecting trade secrets.
The post U.S. Commerce Secretary Raimondo calls on China to provide more predictability for business appeared first on Balanced News Summary.