US, Chinese trade officials express concern about each other's restrictions
Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, have expressed concern about policies of each other’s governments following Chinese raids on consulting firms and U.S. restrictions on exports of semiconductor technology
WASHINGTON (AP) — Commerce Secretary Gina Raimondo and her Chinese counterpart, Wang Wentao, expressed concern Thursday about policies of each other’s governments following Chinese raids on consulting firms and U.S. curbs on exports of semiconductor technology, their governments said.
The two sides announced no progress in disputes over technology and security but said Raimondo and Wang promised to strengthen exchanges on trade issues.
Companies from both sides have been buffeted by tighter official controls on trade in semiconductors and other activity on security grounds. Political relations between the two governments are at their lowest level in decades following disputes over technology, security, China's territorial claims and Beijing's treatment of Hong Kong and ethnic minorities.
Raimondo “raised concerns” about Chinese actions against U.S. companies in China, her office said in a statement. It said they also discussed the trade and investment environment and “areas for potential cooperation” but gave no details.
