Tag: Commerce Department

U.S. Officials Have Visited China. Will Beijing Send Anyone?

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When Gina Raimondo, the secretary of commerce, left China this week, it marked the end of a three-month diplomatic blitz by the Biden administration to try to stabilize ties with Beijing and arrest a free fall in the relationship that had raised concerns about the risk of conflict. President Biden had bet that high-level dialogue could help manage an escalating rivalry over trade, technology and the status of Taiwan. Secretary of State Antony J. Blinken was the first to make the trip to the Chinese capital in June, followed by…

The U.S. and China Are Talking Again. Where It Will Lead Is Unclear.

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When Gina Raimondo, the commerce secretary, visited China this week, she joined a long line of U.S. politicians who have come to the country to try to sway Chinese officials to open their market to foreign businesses and buy more American exports, in addition to other goals. Ms. Raimondo left Shanghai on Wednesday night with no concrete commitments from China to treat foreign businesses more equitably or step up purchases of Boeing jets, Iowa corn or other products. In a farewell news conference, she said that hoping for such an…

U.S. Does Not Want to ‘Decouple’ From China, Commerce Chief Says

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High-ranking United States and Chinese officials held a series of economic policy meetings on Tuesday in Beijing, in the latest sign that both countries are trying to stop the long deterioration in their relationship and restore communications. Gina Raimondo, the U.S. commerce secretary, and other top officials from her department on Tuesday afternoon met with Vice Premier He Lifeng at the Great Hall of the People, next to Tiananmen Square in the heart of Beijing. Mr. He has broad oversight of economic policy, and has long been closely associated with…

U.S. Commerce Secretary Meets With China’s Economic Czar

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High-ranking United States and Chinese officials held a series of economic policy meetings on Tuesday in Beijing, in the latest sign that both countries are trying to stop the long deterioration in their relationship and restore communications. Gina Raimondo, the U.S. commerce secretary, and other top officials from her department began meeting early Tuesday afternoon with Vice Premier He Lifeng at the Great Hall of the People, next to Tiananmen Square in the heart of Beijing. Seated in a red-carpeted reception room on the second floor of the Great Hall,…

Commerce Secretary Gina Raimondo Walks a Tightrope in China

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What to watch as Raimondo visits China Commerce Secretary Gina Raimondo, one of the Biden administration’s biggest Beijing hawks, kicked off her visit to China on Monday with a call to preserve a “stable economic relationship” between the two economic powers that “share over $700 billion of trade.” With relations between the countries at a critical juncture, Ms. Raimondo is now the fourth senior U.S. official to travel to China in less than three months. Her visit, which will include meetings with business leaders and government officials, including her Chinese…

Commerce Secretary Gina Raimondo to Visit China Next Week

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Gina Raimondo, the secretary of commerce, will travel to Beijing and Shanghai for a series of meetings next week, becoming the latest Biden official to visit China as the United States seeks to stabilize the relationship between the countries. Ms. Raimondo will meet with senior Chinese officials and American business leaders between Aug. 27 and Aug. 30, the Department of Commerce said in an announcement Tuesday. The department said that Ms. Raimondo was looking forward to “constructive discussions on issues relating to the U.S.-China commercial relationship, challenges faced by U.S.…

White House Reportedly Weighs New A.I. Export Limits

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Will the U.S. tighten a cordon around A.I. chips? Shares in high-flying chipmakers like Nvidia and AMD were down in premarket trading today, after The Wall Street Journal reported that the Biden administration is weighing new restrictions on exporting artificial intelligence-related semiconductors to China. The deliberations underscore the White House’s worries about falling behind in the race to dominate A.I. and the potential for Beijing to use the technology in military applications — and they show that it is willing to tighten the screws on trade to stay ahead. Any…

China’s Cloud Computing Firms Raise Concern for U.S.

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Samm Sacks, a cyber policy fellow at the New America think tank, said the interest in cloud computing reflected the Biden administration’s approach of looking at Chinese influence in the infrastructure of the internet and the digital services that use the web. “There’s an intent to focus on the whole ecosystem across those layers,” she said. U.S. efforts to hinder Chinese tech firms have had mixed success. American restrictions on suppliers to Huawei hurt the company’s smartphone business, but efforts to remove Huawei equipment from wireless networks inside the United…

Blinken Visit Reveals Chasm in How U.S. and China Perceive Rivalry

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An austere greeting on the airport tarmac in Beijing sans a red carpet. A stone-faced handshake from China’s top foreign policy official. A seat looking up at the Chinese leader, Xi Jinping, perched at the head of a long table. To international audiences, the optics of Secretary of State Antony J. Blinken’s two-day visit to Beijing barely raised any eyebrows. Foreign ministers are rarely, if ever, met with much fanfare at the airport. And an audience with a head of state alone is a sign of great importance and respect.…

Biden Team to Counter Tech Espionage Unveils Cases Involving China and Russia

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The Biden administration announced arrests and criminal charges on Tuesday in five cases involving sanctions evasion and technology espionage efforts linked to Russia, China and Iran. Two Russian nationals were taken into custody last week under accusations of sending aircraft parts to Russia in violation of sanctions imposed after the invasion of Ukraine. In another case, a former Apple engineer is accused of stealing the company’s autonomous vehicle technology to provide it to a Chinese competitor. The announcements were the work of a recently established “technology strike force,” which aims…