US Secretary of Commerce Gina Raimondo started her visit to China on Aug. 27At a moment of tension between Beijing and Washington, to face a difficult dialogue on issues such as semiconductors and artificial intelligence. Raymond is scheduled to meet with Chinese Minister of Commerce Wang Wentao During the visit, which will run through Wednesday, August 30 and will include stops in Beijing and Shanghai. He could also see other representatives of the Chinese government in charge of economic issues.
Controls and restrictions
The Secretary of Commerce has traditionally been the main spokesperson in foreign relations and the American business community Raimundo finds himself playing a major role in important files such as controls and restrictions on exports of technical products, Starting with chips. Before departure – according to financial times — Raimondo stressed that the United States does not aim to isolate China and separating it from the American trading system. Also this month the US President Joe Biden signed an executive order to limit some US investments in ChinaIn areas such as artificial intelligence and quantum computing. China said it was ready to take necessary measures in response.
Antecedents and openings
Raimondo is the fourth senior US administration official to visit China in the past three months. Prior to that, Secretary of State Antony Blinken, Federal Reserve Chair Janet Yellen, and White House Special Envoy for Climate Affairs John Kerry traveled to the country.. In recent days, Chinese Ambassador to the United States Xie Feng held a meeting with US Secretary of Commerce Gina Raimondo, in light of her upcoming visit to Beijing from Aug. 27 to 30. The two sides, according to a note from the Chinese embassy, described the talks as “comprehensive, pragmatic and constructive,” and hoped to keep communication open.
“under one sky”
Beijing’s policy toward the United States has “always been consistent, following the three principles of mutual respect, peaceful coexistence, and win-win cooperation,” based on what President Xi Jinping has emphasized many times: In the face of worldwide instability and unrest, economic recovery slows. global and emerging crises, Xie urged Washington to cooperate with Beijing. “China and the United States are on the same planet, under the same blue sky” and “The right way is to work together and help each other.” Ambassador added.
lifting restrictions
Xie also explained China’s concerns and stance on economic and trade issues, and asked the US side to attach great importance and take measures to solve them. while, Beijing welcomed the US Department of Commerce’s decision to lift export control restrictions on 27 Chinese entities. Saying that the move promotes normal trade between Chinese and American companies. On Monday, August 21, the department removed the companies from its “unverified list,” the rating given when the United States is unable to complete site visits to determine whether targeted companies are trusted to acquire sensitive US technology. . In this regard, the ministry said that the removal “indicates this.” The tangible benefits that companies get when they or the host government cooperate.” to complete checks.
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