Commerce Secretary Raimondo to Visit China Amid Simmering Tech Control Tensions


🇨🇳 Commerce Secretary Raimondo to Visit China Amid Simmering Tech Control Tensions.

US Commerce Secretary Gina Raimondo is planning to visit China in late August as part of the Biden administration's efforts to ease tensions between the two largest economies in the world. The dates of the trip are not finalized yet and may be subject to change. It is unclear what outcomes Raimondo hopes to achieve for US businesses, and she is hesitant to proceed without a clear expectation of positive results for American firms. The visit could be significant given the sensitive state of US-China relations, especially with President Biden set to sign an order restricting critical US technology investments in China by mid-August. Raimondo's trip would follow visits by other high-level administration members, but so far, these visits have yielded limited public results beyond an agreement for further dialogue.

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