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The Latest Breaking News from Gina Raimondo

America and China’s $574 billion chip war has already scored an ‘extraordinary success beyond anyone’s wild dreams’ for Joe Biden

Gina Raimondo wanted to stress there was no plan about "decoupling" in Beijing but abandon export controls? "No, of course not."

Fortune

CEOs have committed to reducing reliance on China—but can't settle on an alternative

If not China, where?

Fortune

Western politicians face tough balancing act on visits to Beijing

UK’s James Cleverly is latest to travel to Beijing hoping to improve ties and change Chinese foreign policy

The Guardian - UK

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US commerce secretary warns China will be 'uninvestable' without action on raids, fines

Commerce Secretary Gina Raimondo says she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about worsening conditions due to raids on firms, unexplained fines and unpredictable official behavior

The Independent UK

Biden’s commerce chief just denied the U.S. is breaking up with China and then listed all the ways it’s doing exactly that

In Beijing this week, Gina Raimondo kept insisting the U.S. and China aren’t headed for a decoupling, but then she got into the details.

Fortune

US commerce secretary says companies see China as ‘uninvestable’

Gina Raimondo is fourth senior US official to visit China in recent months as two countries seek to manage tensions.

Al Jazeera

Top Chinese official tells the US commerce secretary he's ready to improve cooperation

The top Chinese official in charge of economic relations with Washington has told Commerce Secretary Gina Raimondo he's ready to “make new positive efforts” to improve cooperation following an agreement to reduce trade tension

The Independent UK

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China and U.S. Agree to New Dialogue on Trade

American Commerce Secretary Raimondo confers with Commerce Minister Wang Wentao in fourth Beijing visit by a Biden cabinet member since June

Caixin Global

Billions of dollars are flowing out of Chinese markets in a ‘seismic’ change in capital flows despite a flurry of actions to shore up confidence

“China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.

Fortune

US commerce secretary visits China, calls for ‘stable’ ties

Gina Raimondo says ‘profoundly important’ for two biggest economies to have a stable relationship.

Al Jazeera

Top US and Chinese commerce officials agree to discuss trade conditions

Commerce Secretary Gina Raimondo said she and her Chinese counterpart agreed Monday to exchange information on U.S. export controls that frustrate Beijing and set up a group to discuss other commercial issues, but neither side appeared ready to make concessions on disputes that have plunged relations to their lowest level…

France 24

Top US and Chinese commerce officials express support for better trade conditions

U.S. Commerce Secretary Gina Raimondo and her Chinese counterpart have expressed support for improving trade conditions as Raimondo begins a visit to Beijing as part of U.S. efforts to improve chilly relations

The Independent UK

Biden's commerce secretary is the latest Cabinet member to visit China in a bid for improved ties

Commerce Secretary Gina Raimondo is the latest member of President Joe Biden’s Cabinet to visit China as his administration tries to mend the deteriorating ties between the world’s two largest economies

The Independent UK

How high tensions between China and the U.S. are impacting American companies

Commerce Secretary Gina Raimondo is set to travel to China at a time when U.S. executives and investors are facing increasing uncertainty and risk doing business there.

WEKU

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Caixin Global

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Al Jazeera

US commerce secretary meets China envoy before trip to stabilise ties

Gina Raimondo’s August 27-30 trip is latest effort by the Biden administration to cool US-China tensions.

Caixin Global

U.S. Commerce Chief to Visit China Next Week

The announcement of Gina Raimondo’s trip from Aug. 27 to 30 follows Washington’s easing of export restrictions on 27 Chinese entities

Caixin Global

U.S. Eases Export Restrictions on 27 Chinese Entities

The Commerce Department says end-use checks had been successfully conducted, ahead of Secretary Gina Raimondo’s visit to China later this month

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WEKU

The U.S. imports most of its solar panels. A new ruling may make that more expensive

The Commerce Department says solar panel makers in four Southeast Asian countries are evading U.S. duties on Chinese solar components. The finding could raise costs in the United States.

The Independent UK

China says it would welcome a visit by US commerce secretary after imposition of investment controls

China says it would welcome a visit by U.S. Commerce Secretary Gina Raimondo following the imposition of foreign investment controls by her agency that have stung numerous Chinese companies

The Independent UK

Joe Biden's 'Buy America' policy on infrastructure projects leads to factory jobs in Wisconsin

Efforts by the Biden administration have been helping create new factory jobs as part of a push to bring high-speed internet to the whole country

Tom’s Hardware

China's Subsidies Expand Legacy Chip Production, Stoking US and EU Fears

It is more important to have competitive mature nodes than rush to sub-10nm technologies, Chinese chip specialists believe.

Axios

Meetings highlight unstable U.S.-China relationship

The U.S.-China relationship has fallen to a new low point, and U.S. attempts this year to bring China back to the table have largely been rebuffed.

Caixin Global

China, U.S. Commerce Chiefs Hold ‘Constructive’ Talks on Trade Amid Growing Tensions

Wang Wentao expressed concerns about U.S. semiconductor policy and export controls, while his American counterpart Gina Raimondo flagged China’s recent actions against U.S. companies operating in the country

The Independent UK

US, Chinese trade officials express concern about each other's restrictions

Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, have expressed concern about policies of each other’s governments following Chinese raids on consulting firms and U.S. restrictions on exports of semiconductor technology

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