Top US and Chinese commerce officials express support for better trade conditions

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Top US and Chinese commerce officials express support for better trade conditions
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U.S. Commerce Secretary Gina Raimondo and her Chinese counterpart have expressed support for improving trade conditions as Raimondo begins a visit to Beijing as part of U.S. efforts to improve chilly relations.

Raimondo said the two sides are working on establishing “new information exchanges” for “more consistent engagement.”

Beijing broke off dialogue with Washington on military, climate and other issues in August 2022 in retaliation for a visit to Taiwan by then-Speaker Nancy Pelosi of the House of Representatives. The mainland’s ruling Communist Party claims the self-ruled island democracy as part of its territory and objects to foreign governments having contact with it.

A key Chinese complaint is limits on access to processor chips and other U.S. technology on security grounds that threaten to hamper China’s development of smartphone, artificial intelligence and other industries.

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