{"id":2009306,"date":"2023-08-23T12:57:02","date_gmt":"2023-08-23T16:57:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-commerce-secretary-raimondo-to-visit-china-next-week-for-talks\/"},"modified":"2023-08-23T13:00:58","modified_gmt":"2023-08-23T17:00:58","slug":"us-commerce-secretary-raimondo-to-visit-china-next-week-for-talks","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-commerce-secretary-raimondo-to-visit-china-next-week-for-talks\/","title":{"rendered":"US Commerce Secretary Raimondo to hold talks in China next week."},"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\">22<\/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%2Fus-commerce-secretary-raimondo-to-visit-china-next-week-for-talks%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=2009306&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--><div data-post-content=\"true\" class=\"post_content\" id=\"post_content\">\n<h2>US Commerce Secretary Gina Raimondo to Visit China<\/h2>\n<p>China&#8217;s Ministry of Commerce announced \u200con Tuesday that U.S. Commerce Secretary Gina Raimondo will visit China from \u200bAug. 27 to 30.<\/p>\n<p>The U.S. Commerce Department also confirmed \u200cthe trip, which said Ms. Raimondo will visit Beijing and Shanghai.<\/p>\n<p>Ms. Raimondo and \u2064American business leaders will meet with senior Chinese officials during the four-day trip, according to the U.S. statement.<\/p>\n<blockquote>\n<h3>Related Stories<\/h3>\n<ul>\n<li>\n        <a href=\"http:\/\/www.theepochtimes.com\/china\/blinken-trip-a-great-propaganda-coup-for-beijing-analysts-5345990\">IN-DEPTH:\u200c Blinken&#8217;s China Visit \u200da \u2018Great \u200dPropaganda Coup\u2019 for CCP, Analysts Say<\/a><br \/>\n        <br \/>\n        <span class=\"text-comp-caption\">6\/21\/2023<\/span>\n      <\/li>\n<li>\n        <a href=\"http:\/\/www.theepochtimes.com\/china\/analysis-chinas-economy-is-facing-its-biggest-challenge-in-decades-5133409\">ANALYSIS: China\u2019s Economy Is Facing\u2062 Its Biggest Challenge in Decades<\/a><br \/>\n        <br \/>\n        <span class=\"text-comp-caption\">7\/16\/2023<\/span>\n      <\/li>\n<\/ul>\n<\/blockquote>\n<p>&#8220;Secretary Raimondo looks forward to \u200cconstructive discussions on issues\u2064 relating to the U.S.-China commercial relationship, challenges faced\u200b by U.S. businesses, and\u2064 areas for\u200b potential cooperation,&#8221; it said.<\/p>\n<p>The announcement came after the Commerce Department <a href=\"https:\/\/www.bis.doc.gov\/index.php\/documents\/about-bis\/newsroom\/press-releases\/3313-uvl-august-21-2023\/file\" target=\"_blank\" rel=\"noopener\">lifted export control restrictions<\/a> on 27 Chinese companies. The decision\u2063 was welcomed by Beijing on\u2064 Tuesday, saying it&#8217;s \u2062conducive to normal trade\u200b relations between Chinese and \u2063U.S. companies.<\/p>\n<p>The upcoming visit comes as the world&#8217;s second-largest economy is struggling with slowing growth. The <a href=\"https:\/\/www.theepochtimes.com\/article\/chinese-exports-suffer-sharpest-drop-since-start-of-pandemic-5451237\" target=\"_blank\" rel=\"noopener\">latest data<\/a> released\u2063 in July showed exports posting their sharpest\u2062 year-on-year drop since\u2064 the start of the COVID-19 pandemic, and imports declining\u2063 for five consecutive months. Factory-gate prices fell for the 10th consecutive month, while new home sales saw their most\u2064 significant monthly drop since July 2022.<\/p>\n<div class=\"shortcode\">\n<div class=\"lazyload-wrapper\">\n<div class=\"lazyload-placeholder\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Chinese authorities <a href=\"https:\/\/www.theepochtimes.com\/china\/with-economy-in-crisis-china-resorts-to-cover-up-5477092\" target=\"_blank\" rel=\"noopener\">stopped releasing<\/a> the\u2064 youth jobless data after they reported a new record high for six consecutive months. In June, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-claims-it-is-making-progress-on-inflation-as-consumer-prices-rise\/\" title=\"White House Claims It Is \u2018Making Progress\u2019 On Inflation As Consumer Prices Rise\">official data showed<\/a> one in five young Chinese between the ages of \u200c16 and 24 are\u2064 unemployed.<\/p>\n<p>Yet the Chinese regime \u2063shows no \u2064signs of loosening its grip over foreign businesses, even as its <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-commerce-secretary-raimondo-to-visit-china-next-week-for-talks\/\" title=\"US Commerce Secretary Raimondo to hold talks in China next week.\">sweeping\u200d regulatory crackdown \u2063shakes<\/a> outside investors&#8217; confidence.<\/p>\n<div>\n<figure style=\"width:600px\" class=\"alignnone\"><figcaption>The closed office of the Mintz Group is\u200b seen in an office building in Beijing on March 24,\u200d 2023. &#8211; Five Chinese employees at the Beijing office of U.S. due diligence firm Mintz Group have been detained by authorities, the company said on March 24. (Greg Baker\/AFP via Getty Images)<\/figcaption><\/figure>\n<\/p><\/div>\n<p>Chinese authorities fined U.S. due diligence firm Mintz about $1.5 million,\u2064 the Beijing Bureau \u200bof Statistics said in a statement dated July 5, first reported\u2062 by\u200c The Wall Street Journal. Officials accused the New York-headquartered company of conducting &#8220;foreign-related statistical investigations&#8221; without seeking and obtaining approvals.<\/p>\n<p>In a further notice on its website dated July 14, the bureau said Mintz conducted 37 such investigations from March 2019 to July 2022.<\/p>\n<p>Chinese authorities raided Mintz&#8217;s Beijing office in March. They detained five\u200b local employees in what turned out to be the beginning of \u2062a crackdown on consultancy and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/global-drugmakers-china-executive-promises-company-will-love-the-communist-party\/\" title=\"Drug company's China executive pledges to support Communist Party.\">due diligence firms<\/a>, including <a href=\"https:\/\/www.theepochtimes.com\/china\/chinese-authorities-question-staff-of-us-consulting-firm-bain-5225289\" target=\"_blank\" rel=\"noopener\">Bain &#038; Company&#8217;s<\/a> office in Shanghai and Capvision Partners.<\/p>\n<p>American businesses \u2064operating \u2064in China now face a more hostile environment as the\u2064 expanded anti-espionage law took effect in July. The \u2063sweeping legislation broadens the definition of espionage to \u201call documents, data, materials, \u2062or items\u200d related to\u200c national security and interests.&#8221; But it doesn\u2019t specify what falls under national security. China&#8217;s spy agency has<a href=\"https:\/\/www.theepochtimes.com\/china\/china-arrests-ministry-official-who-allegedly-spies-for-the-cia-5477937\" target=\"_blank\" rel=\"noopener\"> called on<\/a> all citizens to participate in the counterespionage campaign, \u2063a move that the United States found <a href=\"https:\/\/www.theepochtimes.com\/china\/us-state-department-concerned-after-china-encourages-citizens-to-spy-on-each-other-5441476\" target=\"_blank\" rel=\"noopener\">alarming<\/a>.<\/p>\n<p>White House national security adviser \u200dJake Sullivan on \u2064Tuesday said the\u2063 commerce secretary will press Beijing on &#8220;some of the economic policy decisions&#8221; and &#8220;other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/126-ex-generals-admirals-warn-about-biden-u-s-in-deep-peril-health-a-concern-7-red-flags-emerging\/\" title=\"BREAKING: 126 Ex-Generals And Admirals Say Biden Is Mentally Unfit For President\">national security decisions<\/a>, from the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-is-way-too-risky-for-american-travelers-and-businesses\/\" title=\"China poses significant risks for American travelers and businesses.\">counter-espionage law<\/a> to this lack of transparency on economic data so\u2064 that we can understand\u200d where they are coming from.&#8221;<\/p>\n<h2>Derailed US-China ties<\/h2>\n<p>It remains to be seen whether Ms. Raimondo&#8217;s trip could help improve U.S.-China ties, which has worsened in recent years over a range of issues, from the communist regime&#8217;s economic espionage \u2062to assertive \u200cmilitary actions against Taiwan. There \u2064was no major breakthrough followed by the trips to Beijing by Secretary of State Antony Blinken, Treasury Secretary Janet Yellen, and President Joe Biden\u2019s climate envoy, John Kerry.<\/p>\n<p>Mr. Sullivan said the administration does \u200b&#8221;not view these trips as about deliverables or particular policy outcomes. &#8220;<\/p>\n<p>&#8220;We view\u2063 them as a \u200dmethod of managing a complex relationship, a competitive relationship so that competition \u200cdoesn&#8217;t tip\u2064 over into conflict,&#8221; he told reporters.<\/p>\n<p>&#8220;We are not sending cabinet officials to China to change China,\u2063 nor do we expect these conversations to change the United \u200dStates. Rather,\u2064 we each have\u200d the opportunity through this high-level \u2063engagement to ensure that there is\u200b a basic stable foundation in the relationship, \u2064even as we compete\u2064 intensively \u200bin a number of domains,&#8221; \u2062he said.<\/p>\n<p>&#8220;I don&#8217;t think of this as we send a bunch of people, and then there&#8217;s going to be a big outcome that&#8217;s fundamentally transformative.&#8221;<\/p>\n<h2>&#8216;China&#8217;s Economy Is in Big Trouble&#8217;<\/h2>\n<p>But for some outside observers, such <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Ministry of Commerce stated that U.S. Commerce Secretary Gina Raimondo will travel to China from Aug. 27 to 30. The U.S. Commerce Department confirmed the visit, mentioning that Raimondo will visit Beijing and Shanghai. She, along with American business leaders, will hold meetings with senior Chinese officials during the four-day trip.<\/p>\n","protected":false},"author":342,"featured_media":2009307,"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":[],"class_list":["post-2009306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"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\/2009306","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\/342"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2009306"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2009306\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2009307"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2009306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2009306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2009306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}