{"id":2023236,"date":"2023-09-06T10:24:02","date_gmt":"2023-09-06T14:24:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secretary-stresses-dialogue-for-better-economic-ties-with-china\/"},"modified":"2023-09-06T10:26:44","modified_gmt":"2023-09-06T14:26:44","slug":"bidens-commerce-secretary-stresses-dialogue-for-better-economic-ties-with-china","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secretary-stresses-dialogue-for-better-economic-ties-with-china\/","title":{"rendered":"Biden&#8217;s Commerce Secretary emphasizes talks for stronger US-China economic relations."},"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%2Fbidens-commerce-secretary-stresses-dialogue-for-better-economic-ties-with-china%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=2023236&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<p>President Joe Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-commerce-secretary-stresses-dialogue-for-better-economic-ties-with-china\/\" title=\"Biden's Commerce Secretary emphasizes talks for stronger US-China economic relations.\">commerce secretary emphasized<\/a> the importance of dialogue for better economic ties\u200c with China.<\/p>\n<p>U.S. Commerce Secretary Gina Raimondo told CNBC&#8217;s Jim Cramer on Sept. 5 that American\u2063 businesses are <strong>\u201cdesperate\u201d for dialogue with \u200bBeijing<\/strong> after she visited China to meet with CCP officials.<\/p>\n<p>After years of strain, she visited \u200dBeijing and Shanghai to try \u200bto \u200cimprove bilateral relations.<\/p>\n<blockquote>\n<h3>Related Stories<\/h3>\n<ul>\n<li>\n        <a href=\"http:\/\/www.theepochtimes.com\/china\/us-china-agree-to-have-regular-dialogues-during-commerce-chief-raimondos-1st-talks-in-beijing-5481783\">US, China Agree to Hold Regular Talks Amid\u200d Commerce Chief Raimondo&#8217;s 1st Meeting in Beijing<\/a><br \/>\n        <br \/>\n        <span class=\"text-comp-caption\">8\/28\/2023<\/span>\n      <\/li>\n<li>\n        <a href=\"http:\/\/www.theepochtimes.com\/china\/us-will-never-seek-to-decouple-from-china-says-commerce-secretary-raimondo-5482446\">US &#8216;Will Never Seek to Decouple&#8217; From China, Says Commerce Secretary Raimondo<\/a><br \/>\n        <br \/>\n        <span class=\"text-comp-caption\">8\/29\/2023<\/span>\n      <\/li>\n<\/ul>\n<\/blockquote>\n<p>Ms. Raimondo was the \u200dfirst commerce secretary to travel to China in five years and the latest American official to visit over the summer.<\/p>\n<div class=\"my-5\">\n<p>Treasury Secretary Janet Yellen and\u200c Secretary of State Antony Blinken\u200d visited China recently to\u2064 discuss the trade conflicts and national security \u2064concerns between both countries.<\/p>\n<h2>Chinese-US \u200cTrade Relations Hit a Low Point<\/h2>\n<p>Foreign companies operating in China have long objected to certain moves by CCP authorities, such as \u2063forced tech transfers and preferential treatment for local companies, particularly <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exposed-the-russian-companies-that-will-get-billions-from-new-iran-nuclear-deal\/\" title=\"Exposed: The Russian Companies That Will Get Billions From New Iran Nuclear Deal\">state-owned firms<\/a>.<\/p>\n<\/p><\/div>\n<p>A five-year trade \u200cwar, starting \u2063under the Trump administration,\u2064 combined with restrictions on Chinese firms from buying sensitive technology in the United States on national security grounds, has since worsened tensions.<\/p>\n<div class=\"shortcode post-related-videos\">\n<div class=\"lazyload-wrapper\">\n<div class=\"lazyload-placeholder\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>The commerce \u200csecretary also mentioned\u200d the sensitive subject of artificial intelligence, adding that the White House was <strong>\u201cerring on the \u200dside of caution\u201d<\/strong> to prevent China \u200dfrom acquiring the new technology from U.S. firms.<\/p>\n<p>Ms. Raimondo said that the tech CEOs she \u2062spoke with shared a mutual concern over advanced AI chips falling into the hands of the CCP, \u200badding <strong>\u201cWe can\u2019t let that get into the hands \u200dof the Chinese military.\u201d<\/strong><\/p>\n<p>Beijing has partially retaliated to Western criticism by updating its counterespionage \u200blaw and carrying out a number of high-profile raids on international consulting\u2064 firms, causing concern among foreign investors.<\/p>\n<div class=\"my-5\">\n<p>Gordon Chang, an expert on U.S.-China relations, asked <a href=\"https:\/\/twitter.com\/GordonGChang\/status\/1696187340186611883\" target=\"_blank\" rel=\"noopener\">in a post<\/a> on X, formerly\u200c known as Twitter, <strong>\u201cGina Raimondo says\u200d we must have a \u2018stable economic relationship\u2019 with China, but how do we stabilize relations \u2064with a militant \u2063regime that is failing? And one that identifies #America as its enemy?\u201d<\/strong><\/p>\n<h2>White House Aims to Repair Trade Ties With Beijing<\/h2>\n<p>Despite their frustration, many\u2062 American business \u2062leaders still remain eager to do\u2064 business with\u200c the world&#8217;s second-largest economy and have called on the Biden administration to \u2062foster improved dialogue with Beijing.<\/p>\n<\/p><\/div>\n<p>\u201cI did, myself, personally, talk to over a hundred CEOs of U.S.\u2062 businesses \u200dbefore going to China, and to say that they were desperate for some kind \u200bof a dialogue is not an exaggeration,\u201d said Ms.\u200b Raimondo.<\/p>\n<p>\u201cI\u2019m \u200bnot going to say we\u2019re going to solve every problem, because we won\u2019t.\u200b But to even find some\u200b practical solutions, I have to \u2063be\u2064 the voice of business and\u2062 give them,\u2064 you know, a chance to\u2064 make some changes and show some \u2062action.\u201d<\/p>\n<p>Many on Capitol Hill \u2063remain hostile to Beijing over the rising\u200d threat to U.S.\u200c allies in the Asia-Pacific region, CCP influence with certain American politicians, and the wave of fentanyl flowing into the United States from across\u200c the southern border from China.<\/p>\n<div class=\"my-5\">\n<p>\u201cAfter her trip to\u200b Communist China,\u2063 Commerce Secretary Gina Raimondo celebrated the possibility of creating <strong>\u2018regular communication\u2019<\/strong> with Beijing. Perhaps the Biden administration can use\u200b this opportunity to tell China \u200bto stop producing\u2064 American-killing fentanyl,\u201d said Sen. Marsha Blackburn (R-Tenn.) <a href=\"https:\/\/twitter.com\/MarshaBlackburn\/status\/1696974144720523591\" target=\"_blank\" rel=\"noopener\">in a statement<\/a>.<\/p>\n<\/p><\/div>\n<p>The commerce secretary admitted that American businesses require a <strong>\u201clevel\u200b playing field\u201d<\/strong> in China and that punitive\u200d actions towards foreign businesses and unpredictable government\u200c moves are making the country <strong>&#8220;uninvestable.&#8221;<\/strong><\/p>\n<p>However, <strong>&#8220;not decoupling our economy is critical, not\u200d just for our economy but for our national security,\u201d<\/strong> she\u200b said.<\/p>\n<p>\u201cWe have to do business where we can, communicate and have dialogue where we can, and never compromise our national security,\u201d said Ms. Raimondo.<\/p>\n<p>She further \u200bemphasized American <strong>\u201csoft power\u201d<\/strong> in China, while stating a need for a\u200d stable relationship with Beijing.<\/p>\n<p>The\u200d secretary noted that Chinese tourists to \u200dthe United States were a boon to the hospitality industry, leading to more\u200b local jobs and adding billions\u200b to the economy.<\/p>\n<p>Meanwhile, Washington and Beijing agreed in August to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/blinken-to-visit-china-seek-renewed-communications-as-regime-expands-military\/\" title=\"Blinken to visit China, aim for improved communication amid military expansion.\">establish regular communication<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President Biden&#8217;s commerce secretary stressed the need for dialogue to improve economic relations with China. Gina Raimondo, the U.S. Commerce Secretary, stated that American businesses are eager for talks with Beijing. She recently visited China to meet with CCP officials, aiming to alleviate years of tension between the two countries.<\/p>\n","protected":false},"author":327,"featured_media":2023237,"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-2023236","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\/2023236","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\/327"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2023236"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2023236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2023237"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2023236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2023236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2023236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}