{"id":12686,"date":"2023-11-11T21:02:28","date_gmt":"2023-11-11T21:02:28","guid":{"rendered":"https:\/\/infundpros.com\/business\/gina-raimondo-seeks-better-ties-with-china-amid-tensions-over-tech-taiwan\/"},"modified":"2023-11-11T21:02:29","modified_gmt":"2023-11-11T21:02:29","slug":"gina-raimondo-seeks-better-ties-with-china-amid-tensions-over-tech-taiwan","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=12686","title":{"rendered":"Gina Raimondo seeks better ties with China amid tensions over tech, Taiwan"},"content":{"rendered":"<div data-editable=\"content\" itemprop=\"articleBody\" data-reorderable=\"content\">\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cloufnpa8000qa2qv2r37e788@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion there would be a military conflict with China over Taiwan.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0000356homdk29h3@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Both the United States and China \u201chave a desire to stabilize (their) relationship,\u201d Raimondo told CNN\u2019s Christiane Amanpour in an interviewed that aired Saturday. Raimondo noted the world is looking to the United States and China \u201cto be responsible and manage this relationship.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0001356hb0a9mpbr@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Raimondo acknowledged there is a \u201cgreat competition\u201d with China, echoing similar sentiments expressed by President Joe Biden, who has stated the United States wants competition with China, rather than outright hostility and conflict.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0002356hsdg3qy20@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      She emphasized direct talks and open dialogue are key in preventing the breakdown of diplomacy between the two superpowers. \u201cWhat I\u2019m able to put onto the table is the fact that US businesses are feeling that China is increasingly uninvestable \u2014 because of (China\u2019s) anti-espionage act, because of the lack of predictability and the environment, because of raids on US businesses \u2014 and at least give (China) an opportunity to respond and make changes,\u201d she said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0003356hhvz9u9k6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      At the same time, Raimondo said she has told China \u201cthere can be no negotiation when it comes to matters of national security,\u201d particularly with regard to semiconductor chips used to manufacture advanced weapons.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0004356hxv238vb2@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cI have to use every tool in my toolbox to make sure our most sophisticated semiconductor chips (and) artificial intelligence models never get into the hands of the Chinese military,\u201d she said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0005356h1b3p2sxo@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Last month, the Commerce Department unveiled new rules limiting the types of semiconductors American companies are able to sell to China. The regulations further tightened a set of export controls that went into effect in October 2022.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xh0006356hkrqgd1b6@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cThe US needs to stop politicizing and weaponizing trade and tech issues and stop destabilizing global industrial and supply chains,\u201d spokesperson Mao Ning said at the time. \u201cWe will closely follow the developments and firmly safeguard our rights and interests.\u201d\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xi0007356hp02yucft@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      But according to Raimondo, there are more important aspects of the US-China economic relationship to consider and discuss.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clouh6my500063b6i9amzn0ij@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      \u201cWe have a $700 billion trading relationship with China. The vast majority \u2014 99% of that \u2014 has nothing to do with export controls,\u201d she said.\n  <\/p>\n<p class=\"paragraph inline-placeholder\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/clougi7xi0008356h9wv2gjju@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n      Biden is set to discuss some of those economic considerations with Chinese President Xi Jinping, as the two leaders meet for a summit in the San Francisco Bay Area. Also on the table are issues surrounding military communication between the United States and China, the climate crisis and narcotics trafficking.\n  <\/p>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnn.com\/2023\/11\/11\/business\/gina-raimondo-china-commerce-amanpour\/index.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion there would&#8230;<\/p>\n","protected":false},"author":1,"featured_media":12687,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":{"0":"post-12686","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - 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