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Commerce Secretary Gina Raimondo on Wednesday said she warned Chinese leaders that U.S. businesses might stop investing in their country without prompt action to address complaints about raids on firms, unexplained fines and unpredictable official behavior.
The United States wants to work with China to ensure a more "predictable" environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub on Wednesday.
The United States wants to work with China to ensure a more "predictable" environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub on Wednesday.Raimondo told Chen she was looking forward to talks to "bring about a more predictable business environment, predictable regulatory environment, and a level playing field for American businesses here in Shanghai".
US Commerce Secretary Gina Raimondo (L) talks with Shanghai Party Secretary Chen Jining during a meeting in Shanghai on August 30, 2023. - Copyright POOL/AFP Andy WongThe United States wants to work with China to ensure a more “predictable” environment for American businesses in Shanghai, Commerce Secretary Gina Raimondo told officials in the economic hub […]
SHANGHAI: China on Wednesday (Aug 30) defended its business practices after US Commerce Secretary Gina Raimondo said American firms had told her it had become "uninvestible", highlighting a trend of global investors