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The Latest Breaking News from Gina Raimondo

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

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Caixin Global

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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.

Al Jazeera

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

Caixin Global

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.

WEKU

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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

The Independent UK

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.

Tom’s Hardware

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.

Axios

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

Caixin Global

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

The Independent UK

Washington concerned by China moves against US companies

Washington (AFP) - US Commerce Secretary Gina Raimondo expressed concern to her Chinese counterpart Wang Wentao on Thursday over Beijing's restrictions on US companies.

AFP

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Caixin Global

Top Trade Officials From China and U.S. to Meet at APEC

Chinese Commerce Minister Wang Wentao will hold talks with his U.S. counterpart, Gina Raimondo, and Trade Representative Katherine Tai this week

Reuters

U.S., Chinese commerce chiefs raise complaints on trade, investment, export policies

U.S. Commerce Secretary Gina Raimondo and Chinese Commerce Minister Wang Wentao traded barbs on trade, investment and export policies in talks on Thursday described by Raimondo's office as "candid and substantive."

The Independent UK

Commerce Department starts process to fund tech hubs across the US with $500 million in grants

The Commerce Department is launching the application process for cities to receive a total of $500 million in grants to become technology hubs

The Independent UK

Elon Musk meets Congress leader Schumer to warn of AI apocalypse

‘AI has great power to do good and evil,’ tech billionaire says, ‘better the former’

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Reuters

US official says Chinese cloud companies like Huawei could pose threat

U.S. Commerce Secretary Gina Raimondo said on Wednesday that Chinese cloud computing companies like Huawei Cloud and Alibaba Cloud could pose a threat to U.S. security and vowed to review a request to add them to an export control list.

WEKU

Biden bets big on bringing factories back to America, building on some Trump ideas

President Biden has embraced the idea of subsidies for key industries and measures to shut out Chinese competitors. Reviving manufacturing is a theme he's expected to run on in 2024.

WEKU

TikTok CEO says company is 'not an agent of China or any other country'

The boss of the hit video-sharing app testify on Capitol Hill on Thursday in an attempt to assuage growing fears about the app's connections to China.

WEKU

Biden has big ideas for fixing child care. For now a small workaround will have to do

The administration is turning to semiconductors in the hopes of expanding affordable child care.

Caixin Global

China ‘Is Open’ to a Visit by U.S. Commerce Secretary

Ministry of Commerce cites importance of dialogue in response to comment by Gina Raimondo in an interview

The Independent UK

GOP senators: Computer chip money underwriting 'woke' agenda

Republican senators says the Biden administration is taking $39 billion in federal money that's meant to build computer chip factories and using it to further “woke” ideas such as requiring some recipients to offer child care and encouraging the use of union labor

Al Jazeera

US govt to chip makers: Share profits if you want subsidies

The plan requires firms that want subsidies to share future profits with government and provide childcare for employees.

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