{"id":1939481,"date":"2023-05-27T10:55:22","date_gmt":"2023-05-27T14:55:22","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/commerce-leaders-from-us-china-fail-to-find-common-ground\/"},"modified":"2023-05-27T16:05:07","modified_gmt":"2023-05-27T20:05:07","slug":"commerce-leaders-from-us-china-fail-to-find-common-ground","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/commerce-leaders-from-us-china-fail-to-find-common-ground\/","title":{"rendered":"US and China Commerce Leaders Unable to Agree"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcommerce-leaders-from-us-china-fail-to-find-common-ground%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1939481&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>U.S. and China Trade Relationship Remains Stagnant Despite Talks<\/h2>\n<div class=\"post_content\">\n<div class=\"aplayer_app\" data-source=\"https:\/\/vs1.youmaker.com\/assets\/2023\/0526\/c373bab8-b98a-4f0a-8a44-f31f21e4cdc7\/audio.mp3?length=2676429&#038;duration=223\"><\/div>\n<p>The U.S. Commerce Secretary Gina Raimondo met with her Chinese counterpart Wang Wentao on May 25, but the meeting failed to make any significant progress in the floundering Sino-American trade relationship.<\/p>\n<blockquote>\n<p>Raimondo \u201craised concerns\u201d about the Chinese Communist Party\u2019s (CCP) actions against U.S. companies in China, according to a statement released by the Commerce Department.<\/p>\n<p>Wang, likewise, expressed concerns about U.S. efforts to prevent the regime from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/commerce-leaders-from-us-china-fail-to-find-common-ground\/\" title=\"US and China Commerce Leaders Unable to Agree\">obtaining advanced semiconductors<\/a> and other critical technologies, a statement from the CCP\u2019s Commerce Ministry said.<\/p>\n<\/blockquote>\n<p>The talks included \u201ccandid and substantive discussions on issues relating to the U.S.-China commercial relationship.\u201d These <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/erickson-the-death-of-democracy-is-overstated\/\" title=\"ERICKSON: The Death Of Democracy Is Overstated\">included discussion<\/a> of areas of trade and investment ripe for \u201cpotential cooperation,\u201d but neither side gave any indication that such discussion bore fruit, nor did they specify what areas cooperation might take place in.<\/p>\n<p>Despite the lack of progress, Raimondo and Wang promised to strengthen exchanges on <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-leaders-to-meet-with-trump-on-agenda\/\" title=\"GOP Leaders to Meet With Trump on Agenda\">trade issues<\/a> in the future.<\/p>\n<h3>Biden Admin Seeks Talks While CCP Suppresses Foreign Businesses<\/h3>\n<p>The meeting of the commerce leaders took place under the shadow of a recent series of crackdowns in China, in which the CCP raided consulting firms and other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/russell-brand-democrats-big-tech-media-conspired-to-influence-2020-election\/\" title=\"Russell Brand: Democrats, Big Tech, Media \u2018Conspired\u2019 To Influence 2020 Election\">foreign businesses<\/a>, seizing private documents and detaining employees without apparent cause.<\/p>\n<blockquote>\n<p>The raids, including on U.S. companies Bain &#038; Co., Capvision, and Mintz Group, follow the controversial expansion of national security and intelligence laws in China, which allow the regime to deny anyone in the country the right to leave.<\/p>\n<\/blockquote>\n<p>The CCP has given no explanation for the raids, which have drawn international outrage and sparked fears of increased rights abuses by the regime against employees of foreign companies. They appear to be part of a wider crackdown on foreign companies by the CCP, however, which has sent foreign investors fleeing from China.<\/p>\n<p>Despite the increasing hostility towards <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/sen-rubio-introduces-bills-to-thwart-chinas-attempt-to-obtain-us-genomic-data\/\" title=\"Sen. Rubio Introduces Bills to Thwart China's Attempt to Obtain US Genomic Data\">foreign firms<\/a> in China, the Biden administration is doubling down on its efforts to woo the CCP regime back into regular diplomatic relations.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>US Commerce Secretary Gina Raimondo and her Chinese counterpart Wang Wentao met on May 25 but failed to make progress in the struggling Sino-American trade relationship. Raimondo expressed concerns about the Chinese Communist Party&#8217;s actions against US companies in China.<\/p>\n","protected":false},"author":228,"featured_media":1939482,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[10389,4501,4923,5061,5545],"class_list":["post-1939481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times","tag-agree","tag-china","tag-commerce","tag-leaders","tag-unable"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1939481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/228"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1939481"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1939481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1939482"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1939481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1939481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1939481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}