BEIJING: US Commerce Secretary Gina Raimondo opened talks with Chinese government officials on Monday (Aug 28), saying it is 'profoundly important' for the world's two largest economies to have a stable economic relat
opened talks with Chinese government officials on Monday , saying it is"profoundly important" for the world's two largest economies to have a stable economic relationship.
"It's a complicated relationship."It's a challenging relationship. We will of course disagree on certain issues," Raimondo said."I think we can make progress if we are direct, open and practical." During her trip, she will also travel to China's economic powerhouse Shanghai, the US Commerce Department said. She will leave on Wednesday.
He said he was ready to work together to"foster a more favourable policy environment for stronger cooperation between our businesses to bolster bilateral trade and investment in a stable and predictable manner". This month, Biden issued an executive order aimed at restricting certain US investments in sensitive high-tech areas in China - a move Beijing blasted as being"anti-globalisation".
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