{"id":2020852,"date":"2023-09-03T13:44:02","date_gmt":"2023-09-03T17:44:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/raimondo-says-its-in-chinas-interest-to-be-less-antagonistic-to-us-business\/"},"modified":"2023-09-03T13:45:04","modified_gmt":"2023-09-03T17:45:04","slug":"raimondo-says-its-in-chinas-interest-to-be-less-antagonistic-to-us-business","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/raimondo-says-its-in-chinas-interest-to-be-less-antagonistic-to-us-business\/","title":{"rendered":"Raimondo urges China to be more friendly towards US business."},"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\">20<\/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%2Fraimondo-says-its-in-chinas-interest-to-be-less-antagonistic-to-us-business%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=2020852&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>Commerce Secretary Gina\u2064 Raimondo Calls for\u200b a Better Relationship with China<\/h2>\n<p>During\u200b her appearance on MSNBC&#8217;s Meet the Press, Commerce Secretary Gina Raimondo emphasized the importance of China&#8217;s self-interest in fostering a more positive relationship \u2063with the United States. Raimondo expressed \u2062hope that \u200bChinese officials would recognize the benefits of being less antagonistic towards U.S. business.<\/p>\n<h3>Encouraging Market-Oriented Reforms<\/h3>\n<blockquote>\n<p>&#8220;It\u2019s clearly true, the facts speak for themselves\u2064 on this one, that when China was more market-oriented and \u2064reform-minded, their economy \u2014\u2064 you know, they lifted hundreds of millions of \u2064people\u2064 out of poverty,&#8221; Raimondo \u200csaid. &#8220;It\u2019s that\u2064 it does seem to be true\u200b that it\u2019s in their self-interest to be less antagonistic\u200b to U.S. business.&#8221;<\/p>\n<\/blockquote>\n<p>Raimondo \u2064also highlighted President\u2062 Joe Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-led-states-sue-biden-admin-over-expansive-climate-order-targeting-trump-legacy\/\" title=\"Republican-Led States Sue Biden Admin Over Expansive Climate Order Targeting Trump Legacy\">executive order aimed<\/a> at restricting \u200binvestments in China&#8217;s development of <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/heres-why-biden-is-targeting-ai-semiconductors-and-quantum-computers-in-china\/\" title=\"Biden's focus in China: AI, semiconductors, and quantum computers.\">military-grade semiconductors<\/a>. This includes withholding the sale of advanced American-made chips to China.<\/p>\n<blockquote>\n<p>&#8220;We are not going to, currently on my watch, we are not going to sell the most sophisticated American chip to China that they want for their military capacity,&#8221; \u200dRaimondo said. &#8220;Well, we are\u200d trying to choke their military capacity, so if they feel that, that means the strategy is working.&#8221;<\/p>\n<\/blockquote>\n<p>Furthermore, \u2064Raimondo assured that the U.S. would not engage in \u200cbusiness with any company that sells chips to China. The executive\u200d order already \u2062mandates\u2064 U.S. investors to disclose any previous transactions \u2064with Chinese businesses involved in\u200b specific industries.<\/p>\n<p>Despite Raimondo&#8217;s efforts, some Republicans \u200chave criticized the effectiveness of the executive order. House Foreign Affairs Committee Chairman Michael McCaul (R-TX) argued that it is too narrowly focused, while Sen. Marco Rubio\u2063 (R-FL) claimed that it fails to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/raimondo-says-its-in-chinas-interest-to-be-less-antagonistic-to-us-business\/\" title=\"Raimondo urges China to be more friendly towards US business.\">include industries deemed critical<\/a>\u200d by China&#8217;s government.<\/p>\n<p>The White House has \u200balready taken\u200d action \u2064by blocking the \u2063sale of Nvidia&#8217;s highest-grade \u2062microchips \u2064in the Middle East due to concerns that they could end up in China.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\">Click here<\/a> to read more from The Washington Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Commerce Secretary Gina Raimondo suggested that China should prioritize its own self-interest for a stronger relationship with the United States. Speaking on MSNBC&#8217;s Meet the Press, she explained the approach of urging China to be less confrontational towards American businesses. Raimondo expressed optimism that Chinese officials would recognize the reality and consider a more cooperative stance.<\/p>\n","protected":false},"author":1,"featured_media":2020853,"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":[538],"tags":[],"class_list":["post-2020852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"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\/2020852","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=2020852"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2020852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2020853"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2020852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2020852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2020852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}