“It’s a complicated relationship,” Raimondo said. “There is no doubt about it. We face fierce competition with China at all levels. And anyone who tells you otherwise is naive. All that said, this competition has to be managed. The conflict does not It’s in nobody’s interest.”
The Commerce Secretary, after joining several senior Cabinet officials who have visited the country in recent months, announced the creation of a new “task force” on trade issues and established a new dialogue “of exchange of information “. Cabinet members who have recently visited China include CIA Director Bill Burns, Secretary of State Antony Blinken and Treasury Secretary Janet Yellen.
“During my trip, even the most senior Chinese officials said all the right things, said they wanted to have strong business relationships and treat American companies on the ground in China fairly,” Raimondo said.