U.S. Commerce Secretary Gina Raimondo speaks throughout a Senate hearing in Washington, D.C., on May 16, 2023.
Bloomberg|Bloomberg|Getty Images
BEIJING– U.S. Secretary of Commerce Gina Raimondo is set to go to China fromAug 27 to 30, both nations revealed Tuesday.
The Chinese side’s readout stated Raimondo’s upcoming go to was at the invite of Chinese Minister of Commerce WangWentao The U.S. side did not point out such information, and stated Raimondo is to consult with “senior PRC officials and U.S. business leaders.”
She is likewise set to talk about “issues relating to the U.S.-China commercial relationship, challenges faced by U.S. businesses, and areas for potential cooperation,” the U.S. readout stated.
National Security Advisor Jake Sullivan stated Raimondo’s journey will be a chance for the Biden administration to describe the reasoning behind a brand-new executive order targeted at controling U.S. financial investments that support Chinese advancement of delicate innovations.
Read more: White House limits U.S. financial investment in some Chinese tech, mentioning nationwide security issues
Raimondo’s go to begins the heels of current journeys made by CIA Director Bill Burns in May, U.S. Secretary of State Antony Blinken in June and different July journeys made by U.S. Secretary of Treasury Janet Yellen and U.S. Special Envoy on Climate John Kerry.
“We are not sending cabinet officials to China to change China, nor do we expect these conversations to change the United States. Rather, we each have the opportunity through this high-level engagement to ensure that there is a basic stable foundation in the relationship even as we compete intensively in a number of domains,” Sullivan informed press reporters on a teleconference when inquired about the cadence in bilateral conferences.
Sullivan explained the relationship in between the world’s 2 biggest economies as “complex” and “competitive” and stated the Biden administration will continue to engage with “intense diplomacy.”
“We’re focused on protecting our national security and ensuring resilient supply chains and otherwise sustaining an economic relationship with China. And as long as China’s playing by the rules and is operating as a responsible actor in the global economy, we think a stable Chinese economy is a good thing for the world,” he included.
CNBC’s Amanda Macias contributed reporting from Washington.
