{"id":2015451,"date":"2023-08-29T12:58:02","date_gmt":"2023-08-29T16:58:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-looks-uninvestable-due-to-political-risks-raimondo-says\/"},"modified":"2023-08-29T13:02:12","modified_gmt":"2023-08-29T17:02:12","slug":"china-looks-uninvestable-due-to-political-risks-raimondo-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-looks-uninvestable-due-to-political-risks-raimondo-says\/","title":{"rendered":"Raimondo claims China is too politically risky for investment."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/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%2Fchina-looks-uninvestable-due-to-political-risks-raimondo-says%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=2015451&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>China&#8217;s Investment Risk Perception Grows Among U.S. Business Leaders<\/h2>\n<p>According to Commerce Secretary Gina Raimondo, China\u200c is increasingly being seen as \u2063&#8221;uninvestable&#8221; by U.S. business leaders due to\u200b the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-plans-to-unveil-advisory-warning-for-americans-doing-business-with-deteriorating-hong-kong\/\" title=\"Biden Plans To Unveil \u2018Advisory\u2019 Warning For Americans Doing Business With \u2018Deteriorating\u2019 Hong Kong\">growing risks<\/a>\u2064 associated with investing in the country. Raimondo\u2063 expressed \u2063this sentiment while \u200dtraveling between meetings in Beijing and Shanghai, stating that businesses are now actively seeking alternative \u2062opportunities \u200band countries to invest in.<\/p>\n<h3>Concerns \u200dOver China&#8217;s Risky Business Environment<\/h3>\n<p>Raimondo&#8217;s visit to \u2062Beijing aimed to defend U.S. restrictions on China&#8217;s access to sensitive technology while also highlighting potential economic partnerships in \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/what-changed-in-the-science-fox-news-bill-hemmer-asks-psaki-after-white-house-lifts-mask-mandate\/\" title=\"\u2018What Changed In The Science?\u2019 Fox News\u2019 Bill Hemmer Asks Psaki After White House Lifts Mask Mandate\">low-risk areas<\/a>. However, this visit comes at a time when a \u2062corporate survey revealed a significant increase in\u2064 American aversion to doing business under the communist regime.<\/p>\n<p>&#8220;There are the traditional concerns that they&#8217;ve become accustomed to dealing with,&#8221; Raimondo explained \u200dto reporters.\u2062 &#8220;And \u200bthen there&#8217;s a whole new set of concerns, the sum total of which is making \u2062China feel too risky for them to invest.&#8221;<\/p>\n<h3>Chinese \u2063Regime&#8217;s \u2062Actions Fueling Concerns<\/h3>\n<p>The anxieties\u2064 surrounding China&#8217;s business\u200b environment \u2063have been exacerbated by a series of \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/china-looks-uninvestable-due-to-political-risks-raimondo-says\/\" title=\"Raimondo claims China is too politically risky for investment.\">high-profile legal maneuvers<\/a> by Chinese General Secretary\u2062 Xi Jinping&#8217;s regime. These include the arrest of two Canadian\u200d businessmen and recent restrictions targeting U.S. semiconductor companies, Micron\u200b and Intel, \u200din apparent retaliation\u200c for U.S. restrictions on\u200c China&#8217;s semiconductor industry.<\/p>\n<p>As a result, \u200bmore than a quarter of U.S. business executives have expressed a growing interest in investing in countries other than China, according to a survey\u200c by the \u2062American Chamber of Commerce \u200cin China. Additionally, a report from\u2064 the Asia Times revealed that 38% of member companies felt that foreign companies were <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/judge-contends-justice-department-biased-against-jan-6-protesters\/\" title=\"Judge contends Justice Department biased against Jan. 6 protesters\">treated unfairly compared<\/a> to domestic companies in China.<\/p>\n<h3>China&#8217;s Economy Struggles \u200dAmidst Growing Restrictions<\/h3>\n<p>Despite\u200d China&#8217;s struggling economy, the country has imposed numerous restrictions on American businesses, limiting their access to Chinese markets and investments. This has led to \u2064a perception that every American businessman in China is \u2062suspected of being a spy, hindering economic cooperation.<\/p>\n<p>&#8220;All the reasons why\u2063 the Chinese economy is\u200c in\u2064 trouble is because China \u200dis not following the international free \u2063trade system. It&#8217;s policy-driven, politically-driven, and ideologically driven,&#8221; explained Miles\u2064 Yu, a former China policy adviser to then-Secretary of\u200b State Mike Pompeo.<\/p>\n<h3>Seeking Dialogue and Cooperation<\/h3>\n<p>Chinese officials have attempted to present a collegial \u200cattitude in public appearances \u2064with Raimondo, \u2064emphasizing the importance of dialogue \u2062and cooperation.\u200c However, private meetings revealed less candor from her Chinese \u2062counterparts.<\/p>\n<p>Raimondo raised concerns about the treatment of U.S. companies and workers, Chinese subsidization of industries, and\u2063 inadequate intellectual \u200dproperty protections. She\u200d also\u2063 pressed Chinese officials for an explanation regarding their actions against Micron and Intel, \u2064highlighting \u200cthe transparency of U.S. export controls.<\/p>\n<p>&#8220;Our export controls are clear, are transparent,&#8221; Raimondo stated. &#8220;There&#8217;s\u2062 been no rationale given around what&#8217;s happened to Micron, there&#8217;s been limited due prices,\u2064 and that&#8217;s why I brought it up.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>China is now deemed &#8220;uninvestable&#8221; by US business leaders, says Commerce Secretary Gina Raimondo. She stated that American businesses find China too risky and are seeking investment opportunities in other countries. Raimondo made these remarks during her travels between meetings in Beijing and Shanghai.<\/p>\n","protected":false},"author":1,"featured_media":2015452,"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":[],"tags":[],"class_list":["post-2015451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"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\/2015451","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2015451"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2015451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2015452"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2015451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2015451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2015451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}